GE VERNOVA INC (GEV) Technical Analysis
NYSE:GEV • US36828A1016
Current stock price
GEV Technical Rating and Analysis
Overall GEV gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, GEV is showing a nice and steady performance.
- Both the short term and long term trends are positive. This is a very positive sign.
- Looking at the yearly performance, GEV did better than 97% of all other stocks. We also observe that the gains produced by GEV over the past year are nicely spread over this period.
- GEV is part of the Electrical Equipment industry. There are 92 other stocks in this industry. GEV outperforms 87% of them.
- GEV is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so GEV is performing more or less in line with the market.
- GEV has an average volume of 2913390 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month GEV has a been trading in the 777.00 - 948.38 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
GEV Weekly and Daily overview Charts
GEV Setup Rating and Analysis
GEV has an excellent technical rating, but the quality of the setup is only medium 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
GEV Support and Resistance Analysis
543.50
We found 4 important support areas.
- A support zone ranging from 789.22 to 800.11. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @724.82 from a trend line in the daily time frame.
- Support @710.95 from a trend line in the weekly time frame.
- Support @548.99 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- Resistance @855.04 from a trend line in the daily time frame.
GEV 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 | 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 | 97.43 | POSITIVE | GEV has a high relative strength, it outperformed 97.43% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of GEV is above a declining 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) | 51.72 | NEUTRAL | The RSI value for GEV is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.6 | NEGATIVE | The MACD value suggests GEV has a negative trend. |
| Stochastics (14,3) | 58.76 | NEUTRAL | The Stochastics value for GEV is a neutral value. |
| Average True Range in percent/ATR (20) | 4.88 | MEDIUM VOLATILITY | The ATR as a percentage value for GEV suggests some volalility. |
| Average Directional Index/ADX (14) | 17.23 | NEGATIVE | The low ADX value for GEV suggests a weak or negative trend. |
GEV Chart- and CandleStick Pattern Analysis
GEV Technicals: Chart, Performance Metrics, Trend & Indicators
853.16
-19.96 (-2.29%)
GE VERNOVA INC / GEV TA FAQ
What is the technical rating for GEV stock?
ChartMill assigns a technical rating of 10 / 10 to GEV.
What is the trend direction for GEV stock?
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 51.722. This indicates that the stock is currently neutral.
What is the short term momentum for GE VERNOVA INC (GEV) stock?
The short term momentum for GE VERNOVA INC (GEV) is positive.
What are the support and resistance levels for GE VERNOVA INC (GEV) stock?
GE VERNOVA INC (GEV) has a support level at 800.11 and a resistance level at 855.04. Check the full technical report for our detailed analysis of GEV support and resistance levels.