GENERAL ELECTRIC (GE) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:GE - US3696041033 - Common Stock
321.59 USD
+7.15 (+2.27%)
321.7 USD
+0.11 (+0.03%)
Overall GE gets a technical rating of 10 out of 10. Both in the recent history as in the last year, GE has proven to be a steady performer, scoring decent points in every aspect analyzed.
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 92% of all stocks. On top of that, GE also shows a nice and consistent pattern of rising prices.
GE is one of the better performing stocks in the Aerospace & Defense industry, it outperforms 71% of 71 stocks in the same industry.
GE is currently trading near its 52 week high, which is a good sign. 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 279.64 - 332.79 range, which is quite wide. It is currently trading near the high of this range.
GE has an average volume of 4382300 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Although GE has an excellent technical rating, it does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
175.45
324.81
5 important support areas can be observed.
- A support zone ranging from 317.88 to 318.50. 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 297.18 to 304.03. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @291.49 from a horizontal line in the daily time frame.
- A support zone ranging from 283.59 to 283.93. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @177.22 from a trend line in the weekly time frame.
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 | UP | POSITIVE | The long term trend for GE is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for GE is up. |
| ChartMill Relative Strength | 92.26 | POSITIVE | GE has a high relative strength, it outperformed 92.26% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of GE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of GE is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of GE is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 59.61 | NEUTRAL | The RSI value for GE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.9 | POSITIVE | The MACD value suggests GE has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 63.42 | NEUTRAL | The Stochastics value for GE is a neutral value. |
| Average True Range in percent/ATR (20) | 2.55 | MEDIUM VOLATILITY | The ATR as a percentage value for GE suggests some volalility. |
| Average Directional Index/ADX (14) | 22.69 | NEUTRAL | The ADX value for GE suggests a possible start of a new trend. |
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)
321.59
+7.15 (+2.27%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryAerospace & Defense
Performance
% Chg2.27%
1 Week0.26%
2 Weeks1.53%
1 Month13.4%
3 Month10.33%
6 Month25.91%
12 Month87.31%
2 Year203.95%
3 Year400.11%
5 Year503.18%
10 Year121.37%
15 Year219.86%
Volatility
ATR(14)7.58
ATR(20)%2.55%
ATR Inc97.89%
Range Today7.11
ADR(20)7.56
ADR(20)%2.35%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.26
3 months CRS77.52
6 months CRS84.66
Mansfield1.49
10 Day High332.79
10 Day Low307.87
20 Day High332.79
20 Day Low279.64
52 Week High332.79
52 Week Low159.36
CS1 End318.5
CR1 StartN/A
Volume & EV
DER(3)0.07%
DER(5)0.51%
Volume3.51M
Volume Incr2.15%
Vol(5)4.75M
Vol(50)4.38M
GENERAL ELECTRIC / GE FAQ
Can you provide the ChartMill technical rating for GENERAL ELECTRIC?
ChartMill assigns a technical rating of 10 / 10 to GE.
Can you provide the trend direction for GENERAL ELECTRIC?
The current trend direction for GENERAL ELECTRIC (GE) is Bullish.
What is the RSI signal for GE stock?
GENERAL ELECTRIC (GE) has an RSI value of 59.607. This indicates that the stock is currently neutral.
Can you provide the MACD signal for GENERAL ELECTRIC?
The MACD indicator for GENERAL ELECTRIC (GE) has a value of 0.899055, indicating a bearish trend.
What is the short term momentum for GENERAL ELECTRIC (GE) stock?
The short term momentum for GENERAL ELECTRIC (GE) is positive.