The Greedy Trader Weekly Analysis
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- 10/9/2026 -
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General Electric (GE) Technical Analysis

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Summary:
Weekly :Broken trend support lineLane's Stochastic is oversoldStochastic has raised above the signal lineTrend resistance at 307.96
Daily :A Parabolic SAR indicator is below and near the price
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It was the negative week for the General Electric (GE). During the week, the GE gave back -1.36 points, or -0.44%, and closed at 308.20 on Friday, October 9, 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 388.84 on August 6, 2026. GE gained -323.63 points, or -496.29%, in 187 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The uptrend support line (318.42) is broken. A broken support is considered to be a long-term bearish 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 support in a long-term trend.

Medium-term trend: [See GE medium-term trend chart]
A medium-term downtrend had started on August 6, 2026 at 388.84 and reached 296.61 on October 8, 2026. GE lost 92.23 points, or 23.72%, in 9 weeks. The chart has formed a Broadening Descending Wedge chart pattern. The price is near the trend resistance line (307.96). The resistance is usually stronger when technical indicators are overbought. 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 resistance line in a medium-term trend.

Weekly Technical Indicators: [See GE weekly technical indicators chart]
Weekly Lane's Stochastic is strongly oversold. Use the Technical Stock Screener to see the list of stocks with weekly strongly oversold Lane's Stochastic. During the last week, weekly Lane's Stochastic main line (%K) has rallied above the oversold signal line (%D). Such crossover is considered a bullish signal. 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 link to access Lane's Stochastic help.

The weekly MACD line is below its signal line since August 28, 2026. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is near its high and getting bigger. It indicates that the current medium-term downtrend is strong. 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 October 8, 2026 at 296.61 and reached 308.61 on October 9, 2026. GE gained -12.00 points, or -4.05%, in 1 days. Price is near the trend high.

Daily Technical Indicators: [See GE daily technical indicators chart]
Daily technical indicators are neutral.

The daily MACD line is above its signal line since October 8, 2026. This is an indication that the short-term trend is up. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term uptrend is getting weak.

A Parabolic SAR (stop and reversal) indicator (308.8) comes close to the price (308.20). It indicates that the trend is getting weaker. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 37.27
Williams' Percentage Range (W%R) 70.30
Lane's Stochastic (%D-Slow) 20.59
Greed/Fear Indicator (GFI) 29.20
Moving Average Converg./Diverg. (MACD) -7.79
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 24.79
Williams' Percentage Range (W%R) 77.70
Lane's Stochastic (%D-Slow) 9.28
Strong Oversold
Greed/Fear Indicator (GFI) 25.00
Moving Average Converg./Diverg. (MACD) 8.56
Trading Signals
Description Value Chart
50 Day Moving Average 336.70
Upper Bollinger Band 327.90
Yearly Trendline Support 318.42
20 Day Moving Average 313.68
Parabolic System 308.80
Price 308.20
Quarterly Trendline Resistance 307.96
Weekly Stochastic Crossing 304.32
Lower Bollinger Band 304.22
Daily Stochastic Crossing 302.02
Quarterly Trendline Support 266.02
Sector and Industry
Description Name Rank
Sector Industrials 3
Industry Industrial Conglomerates 47
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 296.61
Low Date 10/08/2026
High 308.61
High Date 10/09/2026
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 296.61
Low Date 10/08/2026
High 308.61
High Date 10/09/2026
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 329.17
High Date 09/25/2026
Low 296.61
Low Date 10/08/2026
Quarterly Trend
Yearly Trend
Description Value
Direction Down
Chart Pattern Broadening Descending Wedge
Status Test Resistance
Resistance 307.96
Support 266.02
High 388.84
High Date 08/06/2026
Low 296.61
Low Date 10/08/2026
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Status Broken Support
Resistance 419.57
Support 318.42
Low 65.21
Low Date 01/03/2023
High 388.84
High Date 08/06/2026
Warning: TheGreedyTrader.com presents weekly analysis. Technical indicators and trend parameters are calculated for the close of business day indicated on the top right corner of the screen.