GENERAL ELECTRIC (GE)
US3696041033 - Common Stock
Overall GE gets a technical rating of 8 out of 10. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
When comparing the yearly performance of all stocks, we notice that GE is one of the better performing stocks in the market, outperforming 91% of all stocks. On top of that, GE also shows a nice and consistent pattern of rising prices.
GE is part of the Aerospace & Defense industry. There are 65 other stocks in this industry. GE outperforms 76% of them.
GE is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so GE is lagging the market slightly.
GE has an average volume of 4616800 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 170.43 - 187.47 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Besides having an excellent technical rating, GE also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 178.47, a Stop Loss order could be placed below this zone.
More info and screens
154.12
196.18
When analyzing the support we can see 5 important areas.
- A support zone ranging from 176.53 to 178.47. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 171.69 to 173.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @164.23 from a trend line in the daily time frame.
- Support @159.28 from a horizontal line in the daily time frame.
- Support @155.68 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 178.75 to 180.27. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 189.66 to 194.24. This zone is formed by a combination of multiple trend lines 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
CRS91.1
Mansfield0.71
10 Day High187.47
10 Day Low175.13
20 Day High187.47
20 Day Low170.43
52 Week High194.8
52 Week Low94.42
Performance
1 Week0.17%
2 Weeks-0.08%
1 Month-0.58%
3 Month4.37%
6 Month6.79%
12 Month86.43%
2 Year233.1%
3 Year201.47%
5 Year217.62%
10 Year35.13%
15 Year123.45%
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)0.01
RSI(14)47.76
LBB172.11
UBB186.36
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 |
|---|---|---|---|
| 180.28 | 176.52 | 3.76 (2.09%) | 25.00% |
| An entry @180.28. This is a Buy Stop order right above the resistance zone. | An exit @176.52. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 3.76 points, which is 2.09%. | For a 0.52% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of GE. Please evaluate whether better entry and exit points can be found.
- 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.
GENERAL ELECTRIC
NYSE:GE (11/21/2024, 8:04:00 PM)
After market: 178.7 0 (0%)178.7
+0.72 (+0.4%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryAerospace & Defense
Performance
% Chg0.4%
1 Week0.17%
2 Weeks-0.08%
1 Month-0.58%
3 Month4.37%
6 Month6.79%
12 Month86.43%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)4.19
ATR(20)%2.29%
ATR Inc
Range Today3.6
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High187.47
10 Day Low175.13
20 Day High187.47
20 Day Low170.43
52 Week High194.8
52 Week Low94.42
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume4.53M
Volume Incr-26.77%
Vol(5)3.82M
Vol(50)4.62M