GE VERNOVA INC (GEV) Stock Technical Analysis
USA - NYSE:GEV - US36828A1016 - Common Stock
584.39 USD
-10.76 (-1.81%)
588.04 USD
+3.65 (+0.62%)
Taking everything into account, GEV scores 5 out of 10 in our technical rating. GEV was one of the better performers in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
Looking at the yearly performance, GEV did better than 90% of all other stocks.
GEV is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so GEV is lagging the market slightly.
GEV has an average volume of 2906620 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
GEV is an average performer in the Electrical Equipment industry, it outperforms 63% of 92 stocks in the same industry.
In the last month GEV has a been trading in the 532.72 - 664.69 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
GEV has an average technical rating and the quality of the presented setup is also not ideal 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
352.68
671.21
We found 2 important support areas.
- A support zone ranging from 575.99 to 584.38. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @356.24 from a trend line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 604.55 to 611.44. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @643.56 from a horizontal line in the daily time frame.
- A resistance zone ranging from 656.51 to 664.56. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | UP | POSITIVE | The long term trend for GEV is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for GEV is neutral. |
| ChartMill Relative Strength | 90.83 | POSITIVE | GEV has a high relative strength, it outperformed 90.83% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of GEV is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of GEV is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of GEV is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 43.19 | NEUTRAL | The RSI value for GEV is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -3.85 | NEGATIVE | The MACD value suggests GEV has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 39.75 | NEUTRAL | The Stochastics value for GEV is a neutral value. |
| Average True Range in percent/ATR (20) | 4.74 | MEDIUM VOLATILITY | The ATR as a percentage value for GEV suggests some volalility. |
| Average Directional Index/ADX (14) | 15.03 | NEGATIVE | The low ADX value for GEV suggests a weak or negative trend. |
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)
584.39
-10.76 (-1.81%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryElectrical Equipment
Performance
% Chg-1.81%
1 Week-2.6%
2 Weeks-3.34%
1 Month-3.43%
3 Month-9.34%
6 Month56.92%
12 Month99.08%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)31.68
ATR(20)%4.74%
ATR Inc-12.39%
Range Today29.63
ADR(20)26.79
ADR(20)%4.58%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS90.83
3 months CRS17.27
6 months CRS87.14
Mansfield1.78
10 Day High664.69
10 Day Low532.72
20 Day High664.69
20 Day Low532.72
52 Week High677.29
52 Week Low252.25
CS1 End584.38
CR1 Start604.55
Volume & EV
DER(3)-2.27%
DER(5)-2.27%
Volume3.69M
Volume Incr94.97%
Vol(5)4.91M
Vol(50)2.91M
GE VERNOVA INC / GEV FAQ
What is the technical rating for GEV stock?
ChartMill assigns a technical rating of 5 / 10 to GEV.
Can you provide the trend direction for GE VERNOVA INC?
The current trend direction for GE VERNOVA INC (GEV) is Bullish.
What is the RSI signal for GE VERNOVA INC (GEV) stock?
GE VERNOVA INC (GEV) has an RSI value of 43.1941. This indicates that the stock is currently neutral.
What is the short term momentum for GEV stock?
The short term momentum for GE VERNOVA INC (GEV) is neutral.