GE AEROSPACE - 1H - Technical analysis published on 04/03/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
33%
50%
17%
My opinion
Bearish under 144.38 USD
My targets
137.51 USD (-3.63%)
122.79 USD (-13.95%)
My analysis
The bearish trend is currently very strong for GE AEROSPACE. As long as the price remains below the resistance at 144.38 USD, you could try to take advantage of the bearish rally. The first bearish objective is located at 137.51 USD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 122.79 USD as an objective. Crossing it would then enable sellers to target 116.69 USD. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
6.6
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The GE AEROSPACE rating is 142.69 USD. The price registered an increase of +4.56% on the session with the lowest point at 138.01 USD and the highest point at 142.70 USD. The deviation from the price is +3.39% for the low point and -0.01% for the high point.138.01
142.70
142.69
The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by GE AEROSPACE:
Near a new HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
New LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of GE AEROSPACE in 1H shows a overall strongly bearish trend. 92.86% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish signals given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
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.
Caution: the Central Indicators scanner currently detects an excess:
RSI indicator: bullish divergence
Type : Bullish
Timeframe : 1 hour
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
Pivot points : price is under support 3
Type : Neutral
Timeframe : Weekly
Price is back over the pivot point
Type : Bullish
Timeframe : 1 hour
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
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 | 106.04 | 116.69 | 122.79 | 142.69 | 144.38 | 156.74 | 162.02 |
| Change (%) | -25.69% | -18.22% | -13.95% | - | +1.18% | +9.85% | +13.55% |
| Change | -36.65 | -26.00 | -19.90 | - | +1.69 | +14.05 | +19.33 |
| Level | Minor | Major | Major | - | Minor | Minor | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 121.62 | 127.80 | 132.14 | 138.32 | 142.66 | 148.84 | 153.18 |
| Camarilla | 133.58 | 134.54 | 135.51 | 136.47 | 137.43 | 138.40 | 139.36 |
| Woodie | 120.69 | 127.34 | 131.21 | 137.86 | 141.73 | 148.38 | 152.25 |
| Fibonacci | 127.80 | 131.82 | 134.31 | 138.32 | 142.34 | 144.83 | 148.84 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 163.87 | 168.14 | 171.83 | 176.10 | 179.79 | 184.06 | 187.75 |
| Camarilla | 173.34 | 174.07 | 174.80 | 175.53 | 176.26 | 176.99 | 177.72 |
| Woodie | 163.59 | 168.00 | 171.55 | 175.96 | 179.51 | 183.92 | 187.47 |
| Fibonacci | 168.14 | 171.18 | 173.06 | 176.10 | 179.14 | 181.02 | 184.06 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 137.51 | 147.04 | 161.29 | 170.82 | 185.07 | 194.60 | 208.85 |
| Camarilla | 168.99 | 171.17 | 173.35 | 175.53 | 177.71 | 179.89 | 182.07 |
| Woodie | 139.86 | 148.22 | 163.64 | 172.00 | 187.42 | 195.78 | 211.20 |
| Fibonacci | 147.04 | 156.13 | 161.74 | 170.82 | 179.91 | 185.52 | 194.60 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 25.31 | |
| MACD (12,26,9): | -9.8700 | |
| Directional Movement: | -44.60 | |
| AROON (14): | -92.86 | |
| DEMA (21): | 144.45 | |
| Parabolic SAR (0,02-0,02-0,2): | 152.38 | |
| Elder Ray (13): | -10.00 | |
| Super Trend (3,10): | 148.83 | |
| Zig ZAG (10): | 141.28 | |
| VORTEX (21): | 0.9000 | |
| Stochastique (14,3,5): | 9.44 | |
| TEMA (21): | 137.31 | |
| Williams %R (14): | -81.27 | |
| Chande Momentum Oscillator (20): | -32.59 | |
| Repulse (5,40,3): | 1.2400 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.5700 | |
| Courbe Coppock: | 37.42 |
| MA7: | 165.21 | |
| MA20: | 167.93 | |
| MA50: | 153.38 | |
| MA100: | 138.18 | |
| MAexp7: | 143.62 | |
| MAexp20: | 155.90 | |
| MAexp50: | 165.23 | |
| MAexp100: | 167.15 | |
| Price / MA7: | -13.63% | |
| Price / MA20: | -15.03% | |
| Price / MA50: | -6.97% | |
| Price / MA100: | +3.26% | |
| Price / MAexp7: | -0.65% | |
| Price / MAexp20: | -8.47% | |
| Price / MAexp50: | -13.64% | |
| Price / MAexp100: | -14.63% |
Quotes :
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15 min delayed data
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NYSE Stocks
News
The last news published on GE AEROSPACE 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.
About author
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I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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