Goodyear Tire & Rubber
Here’s whether Goodyear Tire & Rubber (GT) is worth buying in 2026 — based on weekly-updated price trend, RSI momentum, and return vs. the S&P 500. Our current read: Bearish.
Positives: 50-day MA is rising (+1.66% over 10 days); 3-month momentum positive (+8.3%). Concerns: trading below the 200-day MA (long-term downtrend); below the 50-day MA (medium-term momentum negative); RSI 29 — oversold; weak 1-year return of -28.4%; rising volume on a downtrend (distribution, 1.15x avg). Currently 42.5% off its 52-week high. Score: -3/7.
GT is trading below its 200-day MA ($7.50) — a key warning sign the longer-term trend is under pressure. An RSI of 29.0 has dropped into oversold territory, which has historically preceded short-term bounces. The 1-year return of -28.4% compares to +20.4% for SPY (trailed the market by 48.7%). The current 42.5% drawdown from the 52-week high reflects elevated risk for momentum-based strategies.