GE HEALTHCARE TECHNOLOGY (GEHC) Stock Technical Analysis
USA - NASDAQ:GEHC - US36266G1076 - Common Stock
Overall GEHC gets a technical rating of 1 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.
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.
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68.47
When analyzing the support we can see 3 important areas.
- A support zone ranging from 73.08 to 74.70. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 70.63 to 71.14. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @69.16 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 76.58 to 78.14. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @79.40 from a horizontal line in the daily time frame.
- Resistance @93.87 from a horizontal 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 | NEUTRAL | NEUTRAL | The long term trend for GEHC is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for GEHC is neutral. |
| ChartMill Relative Strength | 38.4 | NEUTRAL | GEHC is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of GEHC is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of GEHC is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of GEHC is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 52.21 | NEUTRAL | The RSI value for GEHC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.17 | NEGATIVE | The MACD value suggests GEHC has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 38.86 | NEUTRAL | The Stochastics value for GEHC is a neutral value. |
| Average True Range in percent/ATR (20) | 2.93 | MEDIUM VOLATILITY | The ATR as a percentage value for GEHC suggests some volalility. |
| Average Directional Index/ADX (14) | 13.89 | NEGATIVE | The low ADX value for GEHC suggests a weak or negative trend. |
74.75
+2.44 (+3.37%)
GE HEALTHCARE TECHNOLOGY / GEHC FAQ
What is the technical rating for GEHC stock?
ChartMill assigns a technical rating of 1 / 10 to GEHC.
What is the current trend direction of GE HEALTHCARE TECHNOLOGY (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 52.2103. This indicates that the stock is currently neutral.
What is the short term momentum for GEHC stock?
The short term momentum for GE HEALTHCARE TECHNOLOGY (GEHC) is neutral.
What is the support and resistance level for GEHC stock?
GE HEALTHCARE TECHNOLOGY (GEHC) has a support level at 74.7 and a resistance level at 76.58. Check the full technical report for our detailed analysis of GEHC support and resistance levels.