GE HEALTHCARE TECHNOLOGY (GEHC) Technical Analysis
NASDAQ:GEHC • US36266G1076
Current stock price
70.77 USD
+0.44 (+0.63%)
At close:
70.8865 USD
+0.12 (+0.16%)
After Hours:
GEHC Technical Rating and Analysis
Taking everything into account, GEHC scores 0 out of 10 in our technical rating. 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.
- When comparing the yearly performance of all stocks, GEHC is a bad performer in the overall market: 80% of all stocks are doing better.
- 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 3517310 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
- GEHC is an average performer in the Health Care Equipment & Supplies industry, it outperforms 54% of 184 stocks in the same industry.
- 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
The technical rating of GEHC is bad and it also does not present a 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
GEHC Support and Resistance Analysis
69.15
87.20
When analyzing the support we notice one important area.
- A support zone ranging from 69.85 to 70.33. This zone is formed by a combination of multiple trend lines in the daily time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 78.71 to 79.15. 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 83.13. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 86.05 to 86.34. 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 | NEUTRAL | NEUTRAL | The long term trend for GEHC is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for GEHC is down. |
| ChartMill Relative Strength | 20.31 | NEGATIVE | GEHC has a low relative strength, it was outperformed by 79.69% 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) | DOWN | NEGATIVE | The current price of GEHC is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 28.45 | OVERSOLD | The low RSI value suggests GEHC may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.15 | NEGATIVE | The MACD value suggests GEHC has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 7.69 | OVERSOLD | The low Stochastics value suggests GEHC may be oversold. |
| Average True Range in percent/ATR (20) | 3.75 | MEDIUM VOLATILITY | The ATR as a percentage value for GEHC suggests some volalility. |
| Average Directional Index/ADX (14) | 27.37 | POSITIVE | The high ADX value value for GEHC suggests a strong trend. |
GEHC Chart- and CandleStick Pattern Analysis
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)
GEHC Technicals: Chart, Performance Metrics, Trend & Indicators
70.77
+0.44 (+0.63%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg0.63%
1 Week-4.71%
2 Weeks-16.02%
1 Month-10.02%
3 Month-15.71%
6 Month-7.42%
12 Month-13.66%
2 Year-22.15%
3 Year-13.73%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.59
ATR(20)%3.75%
ATR Inc-20.15%
Range Today0.96
ADR(20)2.43
ADR(20)%3.44%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS20.31
3 months CRS22.53
6 months CRS33.59
Mansfield-0.99
10 Day High82.93
10 Day Low69.19
20 Day High87.12
20 Day Low69.19
52 Week High89.77
52 Week Low57.65
CS1 End70.33
CR1 Start78.71
Volume & EV
DER(3)0.65%
DER(5)-0.95%
Volume4.50M
Volume Incr14.22%
Vol(5)3.81M
Vol(50)3.52M
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 28.4512. This indicates that the stock is currently oversold.
What is the short term momentum for GE HEALTHCARE TECHNOLOGY (GEHC) stock?
The short term momentum for GE HEALTHCARE TECHNOLOGY (GEHC) is negative.