GE AEROSPACE

- USD (-)

- 15 min delayed data - NYSE Stocks

Open:	-
Change:	-
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Low:	-
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High / Low range:	-

Type:	Stocks
Ticker:	GE
ISIN:

GE AEROSPACE - 1H - Technical analysis published on 06/17/2024 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Slightly bullish

Technical indicators

94%

My opinion

Bullish above 163.90 USD

My targets

166.79 USD (+0.96%)

168.86 USD (+2.21%)

My analysis

GE AEROSPACE is currently trying to strengthen its basic trend with a very bullish short term. As long as the price remains above 163.90 USD, traders may consider taking advantage of this bullish acceleration and setting themselves to trade only long positions (at the time of purchase). Buyers will encounter the resistance at 166.79 USD. A bullish break in this resistance would confirm a continuation of the bullish acceleration. The next resistance located at 168.86 USD would then be the next bullish objective for buyers. Beware of a possible return to under the support located at 163.90 USD which would be the sign of a correction of the bullish excesses registered in the short term.

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

5.9

Comment on the analysis

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.

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

Additional analysis

Quotes

The GE AEROSPACE price is 165.21 USD. The price registered an increase of +5.99% on the session and was traded between 155.45 USD and 165.25 USD over the period. The price is currently at +6.28% from its lowest and -0.02% from its highest.

155.45

165.25

165.21

A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.

Bullish opening

Type : Bullish

Timeframe : Openning

Here is a more detailed summary of the historical variations registered by GE AEROSPACE:

The Central Records scanner for higher/lower results shows the following items:

Near a new HIGH record (5 years)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of GE AEROSPACE in 1H shows an overall slightly bullish trend. 60.71% of the signals given by moving averages are bullish. This slightly bullish trend could be reinforced 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 shows a strong bullish signal.
But beware of excesses. The Central Indicators scanner currently detects this:

RSI indicator is overbought : over 70

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 scanner specialised in technical indicators, has identified these signals:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : 1 hour

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2
ProTrendLines	153.21	159.36	163.90	165.21	166.79	168.86
Change (%)	-7.26%	-3.54%	-0.79%	-	+0.96%	+2.21%
Change	-12.00	-5.85	-1.31	-	+1.58	+3.65
Level	Intermediate	Intermediate	Major	-	Minor	Major

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	150.47	151.84	153.86	155.23	157.25	158.62	160.64
Camarilla	154.95	155.26	155.57	155.88	156.19	156.50	156.81
Woodie	150.80	152.00	154.19	155.39	157.58	158.78	160.97
Fibonacci	151.84	153.14	153.94	155.23	156.53	157.33	158.62

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	140.74	146.97	151.43	157.66	162.12	168.35	172.81
Camarilla	152.94	153.92	154.90	155.88	156.86	157.84	158.82
Woodie	139.85	146.53	150.54	157.22	161.23	167.91	171.92
Fibonacci	146.97	151.06	153.58	157.66	161.75	164.27	168.35

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	144.63	150.99	158.07	164.43	171.51	177.87	184.95
Camarilla	161.44	162.68	163.91	165.14	166.37	167.60	168.84
Woodie	144.98	151.17	158.42	164.61	171.86	178.05	185.30
Fibonacci	150.99	156.13	159.30	164.43	169.57	172.74	177.87

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):	71.82
MACD (12,26,9):	0.6100
Directional Movement:	24.87
AROON (14):	78.57
DEMA (21):	159.16
Parabolic SAR (0,02-0,02-0,2):	154.87
Elder Ray (13):	4.67
Super Trend (3,10):	158.99
Zig ZAG (10):	164.57
VORTEX (21):	1.0500
Stochastique (14,3,5):	98.01
TEMA (21):	160.55
Williams %R (14):	-5.03
Chande Momentum Oscillator (20):	8.68
Repulse (5,40,3):	3.1000
ROCnROLL:	1
TRIX (15,9):	-0.0600
Courbe Coppock:	5.07

MA7:	160.34
MA20:	162.17
MA50:	160.77
MA100:	143.28
MAexp7:	161.84
MAexp20:	158.96
MAexp50:	159.56
MAexp100:	160.68
Price / MA7:	+3.04%
Price / MA20:	+1.87%
Price / MA50:	+2.76%
Price / MA100:	+15.31%
Price / MAexp7:	+2.08%
Price / MAexp20:	+3.93%
Price / MAexp50:	+3.54%
Price / MAexp100:	+2.82%

Quotes : - 15 min delayed data - NYSE Stocks

News

Don't forget to follow the news on GE AEROSPACE. At the time of publication of this analysis, the latest news was as follows:

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

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