|
|
|
|
Archive
- 12/13/2024 -
Sign In to see current Signals. |
General Electric (GE) Technical Analysis
|
 |
| Summary:
| | Weekly :  | | Daily :
Move cursor over the icon to see details.
| | It was the negative week for the General Electric (GE). During the week, the GE dropped -9.58 points, or -5.46%, and closed at 166.00 on Friday, December 13, 2024. It was the worst weekly loss since October 25, 2024. Weekly volume was 16% above average.
GE is a member of Industrials Sector. Industrials is the most overbought sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.
 Long-term trend: [See GE long-term trend chart]
A long-term uptrend had started on July 5, 2022 at 59.93 and reached 194.80 on October 17, 2024. GE gained -134.87 points, or -225.05%, in 119 weeks. The chart has formed a Rising Channel chart pattern. The price is near the trend support (168.40) line. The support is usually stronger when technical indicators are oversold. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with price testing the trend support line in a long-term trend.
 Medium-term trend: [See GE medium-term trend chart]
A medium-term downtrend had started on October 17, 2024 at 194.80 and reached 164.50 on December 12, 2024. GE lost 30.30 points, or 15.55%, in 8 weeks. Price is near the trend low.
 Weekly Technical Indicators: [See GE weekly technical indicators chart]
Weekly technical indicators are neutral.
The weekly MACD line is below its signal line since October 25, 2024. This is an indication that the medium-term trend is down. Use the following link to access a MACD help.
Short-term trend: [See GE short-term trend chart]
A short-term downtrend had started on November 26, 2024 at 184.90 and reached 164.50 on December 12, 2024. GE lost 20.40 points, or 11.03%, in 16 days. The price is now at the 7.35% retracement level.
 Daily Technical Indicators: [See GE daily technical indicators chart]
Daily Williams' Percentage Range and Lane's Stochastic are strongly oversold. Use the Technical Stock Screener to see the list of stocks with daily strongly oversold Williams' Percentage Range and Lane's Stochastic. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following links to access Lane's Stochastic and Williams' Percentage Range help.
The daily MACD line is below its signal line since December 4, 2024. This is an indication that the short-term trend is down.
| |
|
|
|
|
| Daily Oscillators |
|
|
| Weekly Oscillators |
|
|
| Trading
Signals |
|
|
|
| Sector and
Industry |
| Description |
Name |
Rank |
| Sector |
Industrials |
10 |
| Industry |
Industrial Conglomerates |
51 |
|
| Daily Trend |
| Description |
Value |
| Direction |
Down |
| Chart Pattern |
DownTrend |
| High |
184.90 |
| High Date |
11/26/2024 |
| Low |
164.50 |
| Low Date |
12/12/2024 |
|
| Weekly Trend |
|
| Description |
Value |
| Direction |
Down |
| Chart Pattern |
DownTrend |
| Status |
|
| Resistance |
|
| Support |
|
| High |
187.50 |
| High Date |
11/11/2024 |
| Low |
164.50 |
| Low Date |
12/12/2024 |
|
| Description |
Value |
| Direction |
Down |
| Chart Pattern |
DownTrend |
| Status |
|
| Resistance |
|
| Support |
|
| High |
194.80 |
| High Date |
10/17/2024 |
| Low |
164.50 |
| Low Date |
12/12/2024 |
|
| Quarterly Trend |
|
| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Uptrend |
| Status |
|
| Resistance |
|
| Support |
|
| Low |
65.21 |
| Low Date |
01/03/2023 |
| High |
194.80 |
| High Date |
10/17/2024 |
|
| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Rising Channel |
| Status |
Test Support |
| Resistance |
196.39 |
| Support |
168.40 |
| Low |
59.93 |
| Low Date |
07/05/2022 |
| High |
194.80 |
| High Date |
10/17/2024 |
|
|