GE HEALTHCARE TECHNOLOGY (GEHC) Technical Analysis
NASDAQ:GEHC • US36266G1076
Current stock price
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.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 86% of all other stocks performed better in the past year than GEHC.
- GEHC is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- In the last month GEHC has a been trading in the 58.75 - 75.95 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
- GEHC has an average volume of 4213280 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- GEHC is an average performer in the Health Care Equipment & Supplies industry, it outperforms 48% of 187 stocks in the same industry.
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. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
GEHC Support and Resistance Analysis
60.42
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 71.60 to 73.09. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 78.71 to 80.40. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 85.60 to 86.05. 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 | 14.83 | NEGATIVE | GEHC has a low relative strength, it was outperformed by 85.17% 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) | 29.44 | OVERSOLD | The low RSI value suggests GEHC may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.24 | NEGATIVE | The MACD value suggests GEHC has a negative trend. |
| Stochastics (14,3) | 9.89 | OVERSOLD | The low Stochastics value suggests GEHC may be oversold. |
| Average True Range in percent/ATR (20) | 3.85 | MEDIUM VOLATILITY | The ATR as a percentage value for GEHC suggests some volalility. |
| Average Directional Index/ADX (14) | 24.78 | NEUTRAL | The ADX value for GEHC suggests a possible start of a new trend. |
GEHC Chart- and CandleStick Pattern Analysis
GEHC Technicals: Chart, Performance Metrics, Trend & Indicators
61.03
+0.19 (+0.31%)
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.
Can you provide the RSI signal for GE HEALTHCARE TECHNOLOGY?
GE HEALTHCARE TECHNOLOGY (GEHC) has an RSI value of 29.4391. This indicates that the stock is currently oversold.
What is the MACD signal for GE HEALTHCARE TECHNOLOGY (GEHC) stock?
The MACD indicator for GE HEALTHCARE TECHNOLOGY (GEHC) has a value of -1.24008, indicating a bearish trend.
Can you provide the support and resistance levels for GE HEALTHCARE TECHNOLOGY?
GE HEALTHCARE TECHNOLOGY (GEHC) has a resistance level at 71.6. Check the full technical report for our detailed analysis of GEHC support and resistance levels.