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Downtrend Broken Resist.Archive
- 5/22/2026 -
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General Electric (GE) Technical Analysis
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| Summary:
| | Weekly : | | Daily :
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| | It was a first positive week for the General Electric (GE). During the week, the GE gained 21.31 points, or 7.57%, and closed at 302.84 on Friday, May 22, 2026. Weekly volume was -10% below 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 348.48 on February 25, 2026. GE gained -283.27 points, or -434.40%, in 164 weeks. The price is now at the 16.11% retracement level.
 Medium-term trend: [See GE medium-term trend chart]
A medium-term downtrend had started on February 25, 2026 at 348.48 and reached 268.91 on April 22, 2026. GE lost 79.57 points, or 22.83%, in 8 weeks. The chart has formed a Falling Wedge chart pattern. The downtrend resistance line (266.32) is broken. A broken support is considered to be a long-term bullish signal. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a medium-term trend.
 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 6, 2026. 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 May 15, 2026 at 281.31 and reached 306.30 on May 22, 2026. GE gained -24.99 points, or -8.88%, in 7 days. The price is now at the 13.85% retracement level.
Daily Technical Indicators: [See GE daily technical indicators chart]
Daily technical indicators are neutral.
The daily MACD line is above its signal line since May 19, 2026. This is an indication that the short-term trend is up. The distance between MACD and the signal line is low, but getting bigger. It indicates that the current short-term uptrend is getting stronger.
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. Such crossover is considered a bullish signal. 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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