GE AEROSPACE - Weekly - Technical analysis published on 03/09/2021 (GMT)
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- Timeframe : Weekly
- - Analysis generated on
- Status : INVALID
A split or consolidation has occurred on this instrument. There is no more graph available on this analysis.
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Strongly bullish
Technical indicators
89%
0%
11%
My opinion
Bullish above 13.22 USD
My targets
16.41 USD (+15.34%)
18.28 USD (+28.46%)
My analysis
GENERAL ELECTRIC CO. is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 13.22 USD. The next resistance located at 16.41 USD is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 18.28 USD. After this resistance, buyers could then target 22.43 USD. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.
In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
8.2
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This analysis was given by aymanm738. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The GENERAL ELECTRIC CO. price is 14.23 USD. The price registered an increase of +9.63% over 5 days and has been traded over the last 5 days between 13.14 USD and 14.34 USD. This implies that the 5 day price is +8.30% from its lowest point and -0.77% from its highest point.13.14
14.34
14.23
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by GENERAL ELECTRIC CO.:
New HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
New HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of GENERAL ELECTRIC CO. in Weekly shows a strongly overall bullish trend. 85.71% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
In fact, according to the parameters integrated into the Central Analyzer system, 16 technical indicators out of 18 analysed are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
RSI indicator is overbought : over 70
Type : Neutral
Timeframe : Weekly
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : Weekly
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Weekly
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:
Near horizontal resistance
Type : Bearish
Timeframe : Weekly
Resistance of channel is broken
Type : Bullish
Timeframe : Weekly
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 8.44 | 10.77 | 13.22 | 14.23 | 18.28 | 22.43 | 24.14 |
| Change (%) | -40.69% | -24.31% | -7.10% | - | +28.46% | +57.62% | +69.64% |
| Change | -5.79 | -3.46 | -1.01 | - | +4.05 | +8.20 | +9.91 |
| Level | Intermediate | Major | Major | - | Intermediate | Minor | Minor |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 13.34 | 13.58 | 13.87 | 14.11 | 14.40 | 14.64 | 14.93 |
| Camarilla | 14.02 | 14.07 | 14.12 | 14.17 | 14.22 | 14.27 | 14.32 |
| Woodie | 13.38 | 13.59 | 13.91 | 14.12 | 14.44 | 14.65 | 14.97 |
| Fibonacci | 13.58 | 13.78 | 13.90 | 14.11 | 14.31 | 14.43 | 14.64 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 11.54 | 12.16 | 12.88 | 13.50 | 14.22 | 14.84 | 15.56 |
| Camarilla | 13.23 | 13.35 | 13.48 | 13.60 | 13.72 | 13.85 | 13.97 |
| Woodie | 11.59 | 12.19 | 12.93 | 13.53 | 14.27 | 14.87 | 15.61 |
| Fibonacci | 12.16 | 12.67 | 12.99 | 13.50 | 14.01 | 14.33 | 14.84 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 8.28 | 9.46 | 10.99 | 12.17 | 13.70 | 14.88 | 16.41 |
| Camarilla | 11.79 | 12.03 | 12.28 | 12.53 | 12.78 | 13.03 | 13.28 |
| Woodie | 8.47 | 9.55 | 11.18 | 12.26 | 13.89 | 14.97 | 16.60 |
| Fibonacci | 9.46 | 10.49 | 11.13 | 12.17 | 13.20 | 13.84 | 14.88 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 79.96 | |
| MACD (12,26,9): | 1.3700 | |
| Directional Movement: | 36.53 | |
| AROON (14): | 100.00 | |
| DEMA (21): | 12.74 | |
| Parabolic SAR (0,02-0,02-0,2): | 11.97 | |
| Elder Ray (13): | 2.29 | |
| Super Trend (3,10): | 11.32 | |
| Zig ZAG (10): | 14.27 | |
| VORTEX (21): | 1.3200 | |
| Stochastique (14,3,5): | 86.62 | |
| TEMA (21): | 13.59 | |
| Williams %R (14): | -4.43 | |
| Chande Momentum Oscillator (20): | 3.44 | |
| Repulse (5,40,3): | 6.4900 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 1.9300 | |
| Courbe Coppock: | 60.57 |
| MA7: | 13.58 | |
| MA20: | 12.61 | |
| MA50: | 11.73 | |
| MA100: | 10.49 | |
| MAexp7: | 12.67 | |
| MAexp20: | 11.07 | |
| MAexp50: | 9.69 | |
| MAexp100: | 9.96 | |
| Price / MA7: | +4.79% | |
| Price / MA20: | +12.85% | |
| Price / MA50: | +21.31% | |
| Price / MA100: | +35.65% | |
| Price / MAexp7: | +12.31% | |
| Price / MAexp20: | +28.55% | |
| Price / MAexp50: | +46.85% | |
| Price / MAexp100: | +42.87% |
Quotes :
2021-03-09 18:06:18
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15 min delayed data
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NYSE Stocks
News
The latest news and videos published on GENERAL ELECTRIC CO. at the time of the analysis were as follows:
- DGAP-News: General Electric Company: Doc re. GE files Form 8-K
- DGAP-News: General Electric Company: Dividend Declaration
- DGAP-News: GE files 424B5
- DGAP-News: GE files Form 8-K
- DGAP-News: General Electric Company: GE Files Form 10-Q
This member declared not having a position on this financial instrument or a related financial instrument.
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