Overall GEHC gets a technical rating of 6 out of 10. GEHC has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
GEHC has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
68.47
We found 3 important support areas.
- A support zone ranging from 73.73 to 75.32. 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 2 important areas.
- A resistance zone ranging from 79.97 to 79.97. This zone is formed by a combination of multiple trend lines in multiple time frames.
- 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 | UP | POSITIVE | The short term trend for GEHC is up. |
| ChartMill Relative Strength | 58.33 | NEUTRAL | GEHC is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of GEHC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of GEHC is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of GEHC is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 65.52 | NEUTRAL | The RSI value for GEHC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.65 | POSITIVE | The MACD value suggests GEHC has a positive trend. |
| Stochastics (14,3) | 88.52 | OVERBOUGHT | The high Stochastics value suggests GEHC may be overbought. |
| Average True Range in percent/ATR (20) | 3.1 | MEDIUM VOLATILITY | The ATR as a percentage value for GEHC suggests some volalility. |
| Average Directional Index/ADX (14) | 16.7 | NEGATIVE | The low ADX value for GEHC suggests a weak or negative trend. |
79.96
+1.72 (+2.2%)
GE HEALTHCARE TECHNOLOGY / GEHC FAQ
What is the technical rating for GEHC stock?
ChartMill assigns a technical rating of 6 / 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 65.5239. 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 positive.
What is the support and resistance level for GEHC stock?
GE HEALTHCARE TECHNOLOGY (GEHC) has a support level at 75.32 and a resistance level at 79.97. Check the full technical report for our detailed analysis of GEHC support and resistance levels.