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 - Daily - Technical analysis published on 07/23/2024 (GMT)

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  • Timeframe : Daily
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Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
78%
6%
17%
My opinion
Bullish above 168.57 USD
My targets
180.57 USD (+3.01%)
My analysis
The bullish trend is currently very strong on GE AEROSPACE. As long as the price remains above the support at 168.57 USD, you could try to benefit from the boom. The first bullish objective is located at 180.57 USD. The bullish momentum would be boosted by a break in this resistance. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. 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.

In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
8

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:
15 min. 1H Weekly

Additional analysis

Quotes

GE AEROSPACE rating 175.29 USD. The price has increased by +7.70% since the last closing and was traded between 164.62 USD and 177.20 USD over the period. The price is currently at +6.48% from its lowest and -1.08% from its highest.

164.62
177.20
175.29

The Central Gaps scanner detects a bullish gap which is a sign that buyers have taken the lead in the very short term.

Central Gaps

Opening Gap UP

Type : Bullish

Timeframe : Openning



A study of price movements over other periods shows the following variations:
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


A technical analysis in Daily of this GE AEROSPACE chart shows a strongly bullish trend. 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. An assessment of moving averages reveals several bullish signals that could impact this trend:

Central Indicators

Bullish trend reversal : adaptative moving average 20

Type : Bullish

Timeframe : Daily


Bullish trend reversal : adaptative moving average 50

Type : Bullish

Timeframe : Daily



The probability of a further increase is high given the direction of the technical indicators.
But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Daily


Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Weekly


MACD crosses UP its Moving Average

Type : Bullish

Timeframe : Daily


Parabolic SAR indicator bullish reversal

Type : Bullish

Timeframe : Daily


Ichimoku : price is over the cloud

Type : Bullish

Timeframe : Daily


SuperTrend indicator bullish reversal

Type : Bullish

Timeframe : Daily


MACD indicator is back over 0

Type : Bullish

Timeframe : Daily


Momentum indicator is back over 0

Type : Bullish

Timeframe : Daily



Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:

Central Patterns

Resistance of channel is broken

Type : Bullish

Timeframe : Daily



The presence of a bullish Japanese candlestick pattern detected by Central Candlesticks that could cause a very short term rebound was also detected:

Central Candlesticks

Upside gap

Type : Bullish

Timeframe : Daily




ProTrendLines
S3
S2
S1
Price


S3S2S1Price
ProTrendLines 143.47 155.43 168.57 175.29
Change (%) -18.15% -11.33% -3.83% -
Change -31.82 -19.86 -6.72 -
Level Major Major Major -



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
Standard157.54158.65160.71161.82163.88164.99167.05
Camarilla161.89162.18162.47162.76163.05163.34163.63
Woodie158.01158.89161.18162.06164.35165.23167.52
Fibonacci158.65159.86160.61161.82163.03163.78164.99


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard148.29152.36155.74159.81163.19167.26170.64
Camarilla157.08157.76158.45159.13159.81160.50161.18
Woodie147.96152.19155.41159.64162.86167.09170.31
Fibonacci152.36155.20156.96159.81162.65164.41167.26


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard137.76145.35152.03159.62166.30173.89180.57
Camarilla154.78156.08157.39158.70160.01161.32162.62
Woodie137.30145.12151.57159.39165.84173.66180.11
Fibonacci145.35150.80154.17159.62165.07168.44173.89

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): 66.88
MACD (12,26,9): 0.9400
Directional Movement: 21.97
AROON (14): 21.43
DEMA (21): 163.06
Parabolic SAR (0,02-0,02-0,2): 156.42
Elder Ray (13): 8.21
Super Trend (3,10): 156.13
Zig ZAG (10): 174.94
VORTEX (21): 1.0000
Stochastique (14,3,5): 63.70
TEMA (21): 163.59
Williams %R (14): -10.73
Chande Momentum Oscillator (20): 14.76
Repulse (5,40,3): 7.5000
ROCnROLL: 1
TRIX (15,9): 0.0000
Courbe Coppock: 2.76
MA7: 162.03
MA20: 161.44
MA50: 161.70
MA100: 154.57
MAexp7: 163.96
MAexp20: 162.16
MAexp50: 159.92
MAexp100: 151.23
Price / MA7: +8.18%
Price / MA20: +8.58%
Price / MA50: +8.40%
Price / MA100: +13.40%
Price / MAexp7: +6.91%
Price / MAexp20: +8.10%
Price / MAexp50: +9.61%
Price / MAexp100: +15.91%

Quotes : - 15 min delayed data - NYSE Stocks

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

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