GE VERNOVA INC (GEV) Stock Technical Analysis
NYSE:GEV • US36828A1016
We assign a technical rating of 10 out of 10 to GEV. 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 96% 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 one of the better performing stocks in the Electrical Equipment industry, it outperforms 88% of 91 stocks in the same industry.
- 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 681.70 - 894.93 range, which is quite wide. It is currently trading near the high of this range.
- GEV has an average volume of 2985770 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Although GEV has an excellent technical rating, it does not offer a high quality setup 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
543.50
When analyzing the support we can see 4 important areas.
- A support zone ranging from 802.12 to 802.12. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 676.48 to 684.28. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @610.35 from a trend line in the daily time frame.
- Support @548.99 from a horizontal line 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 | 96.46 | POSITIVE | GEV has a high relative strength, it outperformed 96.46% 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) | 73.7 | OVERBOUGHT | The high RSI value suggests GEV may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 4.46 | POSITIVE | The MACD value suggests GEV has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 92.14 | OVERBOUGHT | The high Stochastics value suggests GEV may be overbought. |
| Average True Range in percent/ATR (20) | 4.27 | MEDIUM VOLATILITY | The ATR as a percentage value for GEV suggests some volalility. |
| Average Directional Index/ADX (14) | 37.31 | POSITIVE | The high ADX value value for GEV suggests a strong trend. |
876.46
+0.45 (+0.05%)
GE VERNOVA INC / GEV 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 73.7033. This indicates that the stock is currently overbought.
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 802.12. Check the full technical report for our detailed analysis of GEV support and resistance levels.