GE AEROSPACE - Weekly - Technical analysis published on 05/02/2021 (GMT)
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- Timeframe : Weekly
- - Analysis generated on
- Status : TARGET REACHED
A split or consolidation has occurred on this instrument. There is no more graph available on this analysis.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
39%
28%
33%
My opinion
Bullish above 11.92 USD
My targets
14.66 USD (+11.74%)
16.84 USD (+28.33%)
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 11.92 USD. The next resistance located at 14.66 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 16.84 USD. After this resistance, buyers could then target 18.28 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.
Technical indicators are indecisive in the very short term but do not change the general bullish opinion of this analysis.
Force
0
10
6.1
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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 13.12 USD. The price is lower by -3.17% over the 5 days with the lowest point at 12.91 USD and the highest point at 13.54 USD. The deviation from the price is +1.63% for the low point and -3.10% for the high point.12.91
13.54
13.12
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.:
Technical
Technical analysis of this Weekly chart of GENERAL ELECTRIC CO. indicates that the overall trend is strongly bullish. 89.29% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
Central Indicators, the scanner specialised in technical indicators, has identified this signal:
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 6.42 | 8.46 | 10.77 | 13.12 | 13.22 | 14.66 | 18.28 |
| Change (%) | -51.07% | -35.52% | -17.91% | - | +0.76% | +11.74% | +39.33% |
| Change | -6.70 | -4.66 | -2.35 | - | +0.10 | +1.54 | +5.16 |
| Level | Major | Minor | Intermediate | - | Major | Major | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 12.75 | 12.91 | 13.02 | 13.18 | 13.29 | 13.45 | 13.56 |
| Camarilla | 13.05 | 13.07 | 13.10 | 13.12 | 13.15 | 13.17 | 13.19 |
| Woodie | 12.72 | 12.90 | 12.99 | 13.17 | 13.26 | 13.44 | 13.53 |
| Fibonacci | 12.91 | 13.02 | 13.08 | 13.18 | 13.29 | 13.35 | 13.45 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 12.08 | 12.42 | 12.99 | 13.33 | 13.90 | 14.24 | 14.81 |
| Camarilla | 13.30 | 13.38 | 13.47 | 13.55 | 13.63 | 13.72 | 13.80 |
| Woodie | 12.19 | 12.48 | 13.10 | 13.39 | 14.01 | 14.30 | 14.92 |
| Fibonacci | 12.42 | 12.77 | 12.99 | 13.33 | 13.68 | 13.90 | 14.24 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 9.46 | 10.70 | 11.92 | 13.16 | 14.38 | 15.62 | 16.84 |
| Camarilla | 12.45 | 12.68 | 12.91 | 13.13 | 13.36 | 13.58 | 13.81 |
| Woodie | 9.44 | 10.70 | 11.90 | 13.16 | 14.36 | 15.62 | 16.82 |
| Fibonacci | 10.70 | 11.64 | 12.22 | 13.16 | 14.10 | 14.68 | 15.62 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 63.78 | |
| MACD (12,26,9): | 1.1700 | |
| Directional Movement: | 15.55 | |
| AROON (14): | 35.71 | |
| DEMA (21): | 13.69 | |
| Parabolic SAR (0,02-0,02-0,2): | 14.18 | |
| Elder Ray (13): | 0.73 | |
| Super Trend (3,10): | 10.63 | |
| Zig ZAG (10): | 13.12 | |
| VORTEX (21): | 1.1300 | |
| Stochastique (14,3,5): | 71.93 | |
| TEMA (21): | 14.06 | |
| Williams %R (14): | -34.23 | |
| Chande Momentum Oscillator (20): | 1.73 | |
| Repulse (5,40,3): | -2.9800 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 1.8500 | |
| Courbe Coppock: | 39.75 |
| MA7: | 13.36 | |
| MA20: | 13.42 | |
| MA50: | 13.20 | |
| MA100: | 12.18 | |
| MAexp7: | 13.18 | |
| MAexp20: | 12.12 | |
| MAexp50: | 10.53 | |
| MAexp100: | 10.37 | |
| Price / MA7: | -1.80% | |
| Price / MA20: | -2.24% | |
| Price / MA50: | -0.61% | |
| Price / MA100: | +7.72% | |
| Price / MAexp7: | -0.46% | |
| Price / MAexp20: | +8.25% | |
| Price / MAexp50: | +24.60% | |
| Price / MAexp100: | +26.52% |
Quotes :
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15 min delayed data
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NYSE Stocks
News
The last news published on GENERAL ELECTRIC CO. at the time of the generation of this analysis was 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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