GE HEALTHCARE TECHNOLOGY (GEHC) Technical Analysis
NASDAQ:GEHC • US36266G1076
Current stock price
GEHC Technical Rating and Analysis
Overall GEHC gets a technical rating of 0 out of 10. GEHC scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 79% of all other stocks performed better in the past year than GEHC.
- In the last month GEHC has a been trading in the 69.19 - 87.12 range, which is quite wide. It is currently trading near the lows of this range.
- GEHC has an average volume of 3553100 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- GEHC is part of the Health Care Equipment & Supplies industry. There are 184 other stocks in this industry, GEHC did better than 57% of them.
- GEHC 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 GEHC is lagging the market slightly.
GEHC Weekly and Daily overview Charts
GEHC Setup Rating and Analysis
GEHC has a poor technical rating and the quality of the setup is also 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.
More info and screens
GEHC Support and Resistance Analysis
69.15
When analyzing the support we notice one important area.
- A support zone ranging from 69.85 to 70.77. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 78.10 to 78.75. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 82.63 to 83.01. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 86.05 to 86.23. This zone is formed by a combination of multiple trend lines in multiple time frames.
GEHC Technical Indicator Signal Analysis
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 | DOWN | NEGATIVE | The long term trend for GEHC is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for GEHC is down. |
| ChartMill Relative Strength | 21.2 | NEGATIVE | GEHC has a low relative strength, it was outperformed by 78.8% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of GEHC is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of GEHC is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of GEHC is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 33.88 | NEUTRAL | The RSI value for GEHC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.97 | NEGATIVE | The MACD value suggests GEHC has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 11.97 | OVERSOLD | The low Stochastics value suggests GEHC may be oversold. |
| Average True Range in percent/ATR (20) | 3.55 | MEDIUM VOLATILITY | The ATR as a percentage value for GEHC suggests some volalility. |
| Average Directional Index/ADX (14) | 28.09 | POSITIVE | The high ADX value value for GEHC suggests a strong trend. |
GEHC Chart- and CandleStick Pattern Analysis
GEHC Technicals: Chart, Performance Metrics, Trend & Indicators
72.17
+1.4 (+1.98%)
GE HEALTHCARE TECHNOLOGY / GEHC TA FAQ
What is the technical rating for GEHC stock?
ChartMill assigns a technical rating of 0 / 10 to GEHC.
What is the trend direction for GEHC stock?
The current trend direction for GE HEALTHCARE TECHNOLOGY (GEHC) is Bearish.
What is the RSI signal for GE HEALTHCARE TECHNOLOGY (GEHC) stock?
GE HEALTHCARE TECHNOLOGY (GEHC) has an RSI value of 33.8752. This indicates that the stock is currently neutral.
What is the short term momentum for GE HEALTHCARE TECHNOLOGY (GEHC) stock?
The short term momentum for GE HEALTHCARE TECHNOLOGY (GEHC) is negative.
What is the buy/sell signal for GEHC stock?
The buy/sell signal for GE HEALTHCARE TECHNOLOGY (GEHC) is sell as both the short term and long term trends are negative.