GE VERNOVA INC (GEV) Stock Technical Analysis
NYSE:GEV - New York Stock Exchange, Inc. - US36828A1016 - Common Stock - Currency: USD
Overall GEV gets a technical rating of 10 out of 10. Both in the recent history as in the last year, GEV has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, GEV did better than 98% of all other stocks. On top of that, GEV also shows a nice and consistent pattern of rising prices.
GEV is part of the Electrical Equipment industry. There are 93 other stocks in this industry. GEV outperforms 97% of them.
GEV is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month GEV has a been trading in the 482.20 - 651.22 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
GEV has an average volume of 3118940 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although GEV has an excellent technical rating, it 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
555.02
654.14
When analyzing the support we notice one important area.
- A support zone ranging from 560.63 to 564.20. This zone is formed by a combination of multiple trend lines and important moving averages in the daily 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 | UP | POSITIVE | The long term trend for GEV is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for GEV is up. |
| ChartMill Relative Strength | 98.49 | POSITIVE | GEV has a high relative strength, it outperformed 98.49% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of GEV is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of GEV is above the rising 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) | 78.83 | OVERBOUGHT | The high RSI value suggests GEV may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 7.91 | POSITIVE | The MACD value suggests GEV has a positive trend. |
| Stochastics (14,3) | 94.85 | OVERBOUGHT | The high Stochastics value suggests GEV may be overbought. |
| Average True Range in percent/ATR (20) | 3.48 | MEDIUM VOLATILITY | The ATR as a percentage value for GEV suggests some volalility. |
| Average Directional Index/ADX (14) | 40.75 | POSITIVE | The high ADX value value for GEV suggests a strong 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)
647.66
+3.07 (+0.48%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryElectrical Equipment
Performance
% Chg0.48%
1 Week14.45%
2 Weeks16.69%
1 Month24.63%
3 Month63.42%
6 Month73.69%
12 Month293.17%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)22.66
ATR(20)%3.48%
ATR Inc-1.03%
Range Today17.36
ADR(20)19.86
ADR(20)%3.07%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS98.49
Mansfield6.64
10 Day High651.22
10 Day Low537.16
20 Day High651.22
20 Day Low482.2
52 Week High651.22
52 Week Low150.01
CS1 End564.2
CR1 StartN/A
Volume & EV
DER(3)0.71%
DER(5)1.43%
Volume2.92M
Volume Incr43.95%
Vol(5)4.29M
Vol(50)3.12M