GENERAL ELECTRIC CO (GE)

US3696041033 - Common Stock

148.06  -4.88 (-3.19%)

After market: 148 -0.06 (-0.04%)

Technical Rating and Analysis

7

Overall GE gets a technical rating of 7 out of 10. In the last year, GE was one of the better performers, but we do observe some doubts in the very recent evolution.

Looking at the yearly performance, GE did better than 90% of all other 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 has an average volume of 7638520 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
GE is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so GE is lagging the market slightly.
In the last month GE has a been trading in the 133.99 - 180.36 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
GE Weekly chart
GE Daily chart
Setup Rating and Analysis

5

Besides having an excellent technical rating, GE also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 157.69. Right above this resistance zone may be a good entry point.

Support and Resistance Analysis

132.04

160.89

We found 3 important support areas.

  • Support @140.03 from a trend line in the daily time frame.
  • Support @136.46 from a horizontal line in the daily time frame.
  • Support @133.37 from a trend line in the weekly time frame.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 157.69 to 159.30. This zone is formed by a combination of multiple trend lines and important moving averages 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
CRS90.89
Mansfield1.19
10 Day High158.69
10 Day Low146.78
20 Day High180.36
20 Day Low133.99
52 Week High180.36
52 Week Low96.09
Performance
1 Week-4.25%
2 Weeks-5.27%
1 Month-16.18%
3 Month14.06%
6 Month39.57%
12 Month48.79%
2 Year154.3%
3 Year80.62%
5 Year133.01%
10 Year-11.87%
15 Year87.33%
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)-1.17
RSI(14)40
LBB140.85
UBB163.84
GE Daily chart

GENERAL ELECTRIC CO

NYSE:GE (4/19/2024, 7:04:00 PM)

After market: 148 -0.06 (-0.04%)

148.06

-4.88 (-3.19%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryIndustrial Conglomerates
Performance
% Chg-3.19%
1 Week-4.25%
2 Weeks-5.27%
1 Month-16.18%
3 Month14.06%
6 Month39.57%
12 Month48.79%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)8.71
ATR(20)%4.91%
ATR Inc
Range Today6.75
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 High158.69
10 Day Low146.78
20 Day High180.36
20 Day Low133.99
52 Week High180.36
52 Week Low96.09
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume9.57M
Volume Incr-21.61%
Vol(5)6.98M
Vol(50)7.64M