GE VERNOVA INC (GEV) Technical Analysis
NYSE:GEV • US36828A1016
Current stock price
GEV Technical Rating and Analysis
Taking everything into account, GEV scores 10 out of 10 in our technical rating. 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.
- The long and short term trends are both positive. This is looking good!
- When comparing the yearly performance of all stocks, we notice that GEV is one of the better performing stocks in the market, outperforming 97% of all stocks. On top of that, GEV also shows a nice and consistent pattern of rising prices.
- GEV is one of the better performing stocks in the Electrical Equipment industry, it outperforms 90% of 92 stocks in the same industry.
- GEV is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so GEV is leading the market.
- GEV has an average volume of 2821500 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
Besides having an excellent technical rating, GEV also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. We notice that large players showed an interest for GEV in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
GEV Support and Resistance Analysis
543.50
5 important support areas can be observed.
- A support zone ranging from 816.25 to 828.17. 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 789.22 to 794.02. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @732.54 from a trend line in the daily time frame.
- Support @719.56 from a trend line in the weekly time frame.
- Support @548.99 from a horizontal 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 | 97.13 | POSITIVE | GEV has a high relative strength, it outperformed 97.13% 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) | 57.9 | NEUTRAL | The RSI value for GEV is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.64 | NEGATIVE | The MACD value suggests GEV has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 58.71 | NEUTRAL | The Stochastics value for GEV is a neutral value. |
| Average True Range in percent/ATR (20) | 4.66 | MEDIUM VOLATILITY | The ATR as a percentage value for GEV suggests some volalility. |
| Average Directional Index/ADX (14) | 14.71 | NEGATIVE | The low ADX value for GEV suggests a weak or negative trend. |
GEV Chart- and CandleStick Pattern Analysis
GEV Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 948.39 | 816.24 | 132.15 (13.93%) | 7.18% |
| An entry @948.39. This is a Buy Stop order right above the 10 day high. | An exit @816.24. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 132.15 points, which is 13.93%. | For a 1.00% total portfolio risk, you can invest 7.18% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
GEV Technicals: Chart, Performance Metrics, Trend & Indicators
898.57
+3.79 (+0.42%)
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.
Can you provide the RSI signal for GE VERNOVA INC?
GE VERNOVA INC (GEV) has an RSI value of 57.8989. This indicates that the stock is currently neutral.
What is the MACD signal for GEV stock?
The MACD indicator for GE VERNOVA INC (GEV) has a value of -0.640045, indicating a bearish trend.
What is the buy/sell signal for GE VERNOVA INC (GEV) stock?
The buy/sell signal for GE VERNOVA INC (GEV) is buy as both the short term and long term trends are positive.