GENERAL ELECTRIC (GE) Stock Technical Analysis
NYSE:GE - New York Stock Exchange, Inc. - US3696041033 - Common Stock - Currency: USD
We assign a technical rating of 10 out of 10 to GE. Both in the recent history as in the last year, GE has proven to be a steady performer, scoring decent points in every aspect analyzed.
Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that GE is one of the better performing stocks in the market, outperforming 92% of all stocks. On top of that, GE also shows a nice and consistent pattern of rising prices.
GE is one of the better performing stocks in the Aerospace & Defense industry, it outperforms 79% of 65 stocks in the same industry.
GE 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.
GE has an average volume of 5438650 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month GE has a been trading in the 191.79 - 212.19 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although GE 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
154.13
212.62
We found 6 important support areas.
- A support zone ranging from 199.82 to 199.82. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @195.86 from a trend line in the daily time frame.
- Support @179.55 from a trend line in the weekly time frame.
- Support @169.91 from a trend line in the weekly time frame.
- Strong support @159.28 from a horizontal line in the daily time frame.
- Support @155.69 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 204.28 to 210.51. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.2
Mansfield0.98
10 Day High212.19
10 Day Low198.44
20 Day High212.19
20 Day Low191.79
52 Week High212.19
52 Week Low122.33
Performance
1 Week-4.09%
2 Weeks-3.02%
1 Month-0.48%
3 Month10.31%
6 Month16.71%
12 Month63.11%
2 Year195.24%
3 Year235.29%
5 Year267.91%
10 Year54.02%
15 Year149.25%
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)
Technical Indicators
MACD(12,26,9)-1.21
RSI(14)50.98
LBB200.42
UBB212.68
199.83
-8.91 (-4.27%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryAerospace & Defense
Performance
% Chg-4.27%
1 Week-4.09%
2 Weeks-3.02%
1 Month-0.48%
3 Month10.31%
6 Month16.71%
12 Month63.11%
2 Year195.24%
3 Year235.29%
5 Year267.91%
10 Year54.02%
15 Year149.25%
Volatility
ATR(14)4.43
ATR(20)%2.34%
ATR Inc70.31%
Range Today10.68
ADR(20)4.56
ADR(20)%2.28%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.2
Mansfield0.98
10 Day High212.19
10 Day Low198.44
20 Day High212.19
20 Day Low191.79
52 Week High212.19
52 Week Low122.33
CS1 End199.82
CR1 Start204.28
Volume & EV
DER(3)-2.03%
DER(5)-0.73%
Volume5.42M
Volume Incr-31.79%
Vol(5)3.95M
Vol(50)5.44M