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Downtrend Broken Resist.Archive
- 4/25/2025 -
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General Electric (GE) Technical Analysis
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| Summary:
| | | Weekly : | | Daily :  
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| | It was a third consecutive positive week for the General Electric (GE). During the week, the GE gained 16.64 points, or 9.15%, and closed at 198.43 on Friday, April 25, 2025. Weekly volume was 49% above average.
 Long-term trend: [See GE long-term trend chart]
A long-term uptrend had started on January 3, 2023 at 65.21 and reached 214.20 on March 26, 2025. GE gained -148.99 points, or -228.48%, in 116 weeks. The chart has formed a Rising Wedge chart pattern. The trend support level is at 176.52 and resistance is at 215.25. A Rising Wage is a triangle formation with a noticeable slant to the upside. It represents the loss of an upside momentum on each successive high and has a bearish bias. The Rising wedge usually marks a reversal in an uptrend. In a downtrend a rising wedge is considered to be a continuation pattern. Use the following link to access a Rising Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Rising Wedge pattern in a long-term trend.
 Medium-term trend: [See GE medium-term trend chart]
A medium-term downtrend had started on March 26, 2025 at 214.20 and reached 159.40 on April 7, 2025. GE lost 54.80 points, or 25.58%, in 1 weeks. The price is now at the 71.22% retracement level.
 Weekly Technical Indicators: [See GE weekly technical indicators chart]
Weekly technical indicators are neutral.
The weekly MACD line is below its signal line since March 28, 2025. 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 uptrend had started on April 7, 2025 at 159.40 and reached 199.99 on April 25, 2025. GE gained -40.59 points, or -25.46%, in 18 days. Price is near the trend high.
 Daily Technical Indicators: [See GE daily technical indicators chart]
Daily Williams' Percentage Range and Lane's Stochastic are overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily 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.
During the last week, daily MACD line has moved above its signal line. Such crossover is considered a bullish signal.
During the last week, the price has moved above the moving average in the center of the Bollinger Bands. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.
During the last week, the price has advanced above the 50 Day Moving Average. While the medium-term trend is down and daily technical indicators are overbought, the 50 Day Moving Average is considered a resistance level. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.
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