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GE AEROSPACE
GE AEROSPACE
- USD (-)
- 15 min delayed data - NYSE Stocks
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: GE
ISIN:

GE AEROSPACE - 1H - Technical analysis published on 03/08/2024 (GMT)

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  • Timeframe : 1H
  • - 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
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
94%
0%
6%
My opinion
Bullish above 167.17 USD
My targets
179.65 USD (+2.91%)
189.93 USD (+8.80%)
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 167.17 USD. The next resistance located at 179.65 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 189.93 USD. After this resistance, buyers could then target 197.96 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 confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
9.1

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

Londinia
This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

The GENERAL ELECTRIC CO. price is 174.57 USD. The price has increased by +4.85% since the last closing and was traded between 168.40 USD and 175.18 USD over the period. The price is currently at +3.66% from its lowest and -0.35% from its highest.

168.40
175.18
174.57

A bullish gap was detected at the opening by the Central Gaps scanner. There are a lot of buyers and they have the upper hand in the very short term.

Central Gaps

Opening Gap UP

Type : Bullish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by GENERAL ELECTRIC CO.:
The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Central Records

New HIGH record (5 years)

Type : Bullish

Timeframe : Weekly


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 this 1H chart of GENERAL ELECTRIC CO. indicates that the overall trend is strongly bullish. 92.86% 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. An assessment of moving averages reveals a bullish signal that could impact this trend:

Central Indicators

Moving Average bullish crossovers : AMA50 & AMA100

Type : Bullish

Timeframe : 1 hour



The probability of a further increase is high given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

RSI indicator is overbought : over 80

Type : Neutral

Timeframe : 1 hour


CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : 1 hour


Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Weekly



No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

For a small rebound in the very short term, the Central Candlesticks scanner currently notes the presence of these bullish patterns in Japanese candlesticks:

Central Candlesticks

Upside gap

Type : Bullish

Timeframe : 1 hour


Long white line

Type : Bullish

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 144.38 147.69 156.69 174.57 179.65 197.96 216.96
Change (%) -17.29% -15.40% -10.24% - +2.91% +13.40% +24.28%
Change -30.19 -26.88 -17.88 - +5.08 +23.39 +42.39
Level Minor Intermediate Intermediate - Major Minor Minor



To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard157.98159.77163.14164.93168.30170.09173.46
Camarilla165.08165.55166.03166.50166.97167.45167.92
Woodie158.76160.17163.92165.33169.08170.49174.24
Fibonacci159.77161.74162.96164.93166.90168.12170.09


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard148.51150.80154.73157.02160.95163.24167.17
Camarilla156.94157.51158.08158.65159.22159.79160.36
Woodie149.32151.21155.54157.43161.76163.65167.98
Fibonacci150.80153.18154.65157.02159.40160.87163.24


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard115.80124.14140.51148.85165.22173.56189.93
Camarilla150.10152.36154.63156.89159.16161.42163.69
Woodie119.83126.15144.54150.86169.25175.57193.96
Fibonacci124.14133.58139.41148.85158.29164.12173.56

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): 82.91
MACD (12,26,9): 2.3700
Directional Movement: 48.46
AROON (14): 100.00
DEMA (21): 165.73
Parabolic SAR (0,02-0,02-0,2): 161.66
Elder Ray (13): 6.42
Super Trend (3,10): 164.90
Zig ZAG (10): 173.19
VORTEX (21): 1.0800
Stochastique (14,3,5): 97.77
TEMA (21): 167.20
Williams %R (14): -0.54
Chande Momentum Oscillator (20): 13.63
Repulse (5,40,3): 4.8800
ROCnROLL: 1
TRIX (15,9): 0.1300
Courbe Coppock: 8.71
MA7: 162.09
MA20: 153.27
MA50: 139.69
MA100: 128.09
MAexp7: 168.67
MAexp20: 162.97
MAexp50: 159.70
MAexp100: 155.39
Price / MA7: +7.70%
Price / MA20: +13.90%
Price / MA50: +24.97%
Price / MA100: +36.29%
Price / MAexp7: +3.50%
Price / MAexp20: +7.12%
Price / MAexp50: +9.31%
Price / MAexp100: +12.34%

Quotes : - 15 min delayed data - NYSE Stocks

News


The last news published on GENERAL ELECTRIC CO. at the time of the generation of this analysis was as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

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