Europe • Euronext Milan • BIT:GE • IT0003203947
We assign a technical rating of 1 out of 10 to GE. GE's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Although the technical rating is bad, GE does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 10.74. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 10.39, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for GE in the last couple of days, which is a good sign.
8.06
3 important support areas can be observed.
When analyzing the resistance we notice one important area.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for GE.MI is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for GE.MI is neutral. |
| ChartMill Relative Strength | 31.33 | NEUTRAL | GE.MI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of GE.MI is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of GE.MI is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of GE.MI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 50.07 | NEUTRAL | The RSI value for GE.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.08 | POSITIVE | The MACD value suggests GE.MI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 62.96 | NEUTRAL | The Stochastics value for GE.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 2.45 | MEDIUM VOLATILITY | The ATR as a percentage value for GE.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 25.42 | POSITIVE | The high ADX value value for GE.MI suggests a strong trend. |
BIT:GE (2/4/2026, 11:48:39 AM)
10.55
-0.05 (-0.47%)
ChartMill assigns a technical rating of 1 / 10 to GE.MI.
The current trend direction for GEFRAN SPA (GE.MI) is Bearish.
GEFRAN SPA (GE.MI) has an RSI value of 50.0722. This indicates that the stock is currently neutral.
The MACD indicator for GEFRAN SPA (GE.MI) has a value of 0.0780747, indicating a bearish trend.
The short term momentum for GEFRAN SPA (GE.MI) is neutral.