GD:NYSEGeneral Dynamics Corporation Analysis

General Dynamics Corporation is priced at $359.39 and its moving averages line up in bullish order, the shorter sitting above the longer. Across the trailing 30 sessions it lost 7.1%. Relative strength is 31.0 — approaching oversold — and the MACD signal is bearish. The recent range runs from support at $358.04 up to resistance at $397.20.
On valuation the read is fair — earnings multiple of 21.9 versus a 28.5 sector average, below the peer group. Consensus targets land 16.9% above where the shares trade now. Revenue is growing at 8.1% on a 8.2% profit margin. The 1.77% dividend yield looks covered by current payout levels.
Risk comes out at 3 of a possible 10, a low reading. With 30-day volatility of 18.0%, a beta of 0.44 and a maximum drawdown of 15.2%, the drawdown profile is forgiving relative to most of the market. The wider market backdrop reads extreme greed at 94 on the fear-greed composite.
All three time horizons resolve to buy, carrying 6/10 conviction.