GENERAL ELECTRIC CO (GE)

US3696041033 - Common Stock

149.16  +0.79 (+0.53%)

After market: 149.06 -0.1 (-0.07%)

Technical Rating and Analysis

10

We assign a technical rating of 10 out of 10 to GE. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, GE is showing a nice and steady performance.

The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that GE is one of the better performing stocks in the market, outperforming 94% of all stocks. We also observe that the gains produced by GE over the past year are nicely spread over this period.
GE is one of the better performing stocks in the Industrial Conglomerates industry, it outperforms 100% of 10 stocks in the same industry.
GE is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month GE has a been trading in the 126.45 - 150.36 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
GE has an average volume of 4979100 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Weekly and Daily overview Charts
GE Weekly chart
GE Daily chart
Setup Rating and Analysis

2

Although GE has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.

Support and Resistance Analysis

102.74

150.65

When analyzing the support we can see 5 important areas.

  • A support zone ranging from 135.21 to 136.99. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A support zone ranging from 130.13 to 130.79. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @126.87 from a horizontal line in the daily time frame.
  • Support @123.92 from a trend line in the weekly time frame.
  • Support @103.78 from a horizontal line in the daily time frame.

Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS94.35
Mansfield1.84
10 Day High150.36
10 Day Low135.75
20 Day High150.36
20 Day Low126.45
52 Week High150.36
52 Week Low81.65
Performance
1 Week7.09%
2 Weeks9.24%
1 Month14.91%
3 Month24.37%
6 Month33.43%
12 Month79.62%
2 Year99.96%
3 Year90.38%
5 Year129.77%
10 Year-6.27%
15 Year180.53%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)1.11
RSI(14)87.01
LBB129.88
UBB149.61
GE Daily chart

GENERAL ELECTRIC CO

NYSE:GE (2/16/2024, 7:04:00 PM)

After market: 149.06 -0.1 (-0.07%)

149.16

+0.79 (+0.53%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryIndustrial Conglomerates
Performance
% Chg0.53%
1 Week7.09%
2 Weeks9.24%
1 Month14.91%
3 Month24.37%
6 Month33.43%
12 Month79.62%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)2.42
ATR(20)%1.78%
ATR Inc
Range Today1.85
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High150.36
10 Day Low135.75
20 Day High150.36
20 Day Low126.45
52 Week High150.36
52 Week Low81.65
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume6.88M
Volume Incr30.37%
Vol(5)7.01M
Vol(50)4.98M