GENERAL ELECTRIC CO (GE)

US3696041033 - Common Stock

169.81  +5.14 (+3.12%)

After market: 169.8 -0.01 (-0.01%)

Technical Rating and Analysis

10

Taking everything into account, GE scores 10 out of 10 in our technical rating. 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!
Looking at the yearly performance, GE did better than 94% of all other 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 86% of 66 stocks in the same industry.
GE is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so GE is leading the market.
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 6052250 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month GE has a been trading in the 156.05 - 177.20 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

GE has an excellent technical rating, but the quality of the setup is only medium 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.

Support and Resistance Analysis

117.12

173.73

When analyzing the support we can see 4 important areas.

  • Support @168.86 from a horizontal line in the daily time frame.
  • A support zone ranging from 158.96 to 162.85. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 155.68 to 155.87. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @118.30 from a trend line in the weekly time frame.

We found 1 important resistance area.

  • A resistance zone ranging from 169.82 to 172.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
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
CRS94.32
Mansfield2.68
10 Day High177.2
10 Day Low156.42
20 Day High177.2
20 Day Low156.05
52 Week High177.2
52 Week Low84.32
Performance
1 Week6.71%
2 Weeks6.79%
1 Month5.8%
3 Month4.6%
6 Month62%
12 Month85.79%
2 Year268.18%
3 Year162.67%
5 Year225.51%
10 Year35.25%
15 Year153.85%
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)0.79
RSI(14)58.32
LBB154.47
UBB171
GE Daily chart

GENERAL ELECTRIC CO

NYSE:GE (7/26/2024, 7:04:00 PM)

After market: 169.8 -0.01 (-0.01%)

169.81

+5.14 (+3.12%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryAerospace & Defense
Performance
% Chg3.12%
1 Week6.71%
2 Weeks6.79%
1 Month5.8%
3 Month4.6%
6 Month62%
12 Month85.79%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)5.45
ATR(20)%2.94%
ATR Inc
Range Today6.51
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 High177.2
10 Day Low156.42
20 Day High177.2
20 Day Low156.05
52 Week High177.2
52 Week Low84.32
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume7.30M
Volume Incr63.73%
Vol(5)9.24M
Vol(50)6.05M