GE AEROSPACE - Daily - Technical analysis published on 11/19/2019 (GMT)
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- Timeframe : Daily
- - 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
Court terme:
Strongly bullish
De fond:
Strongly bullish
Technical indicators
67%
0%
33%
My opinion
Bullish above 9.517 EUR
My targets
10.487 EUR (+2.47%)
16.000 EUR (+56.34%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on GENERAL ELECTRIC as long as the price remains well above 9.517 EUR. The buyers” bullish objective is set at 10.487 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 16.000 EUR. If there is any crossing, the next objective would be the resistance located at 20.380 EUR. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
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
8.2
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The GENERAL ELECTRIC rating is 10.234 EUR. The price registered a decrease of -1.37% on the session with the lowest point at 10.004 EUR and the highest point at 10.430 EUR. The deviation from the price is +2.30% for the low point and -1.88% for the high point.10.004
10.430
10.234
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Technical
Technical analysis of GENERAL ELECTRIC in Daily shows a strongly overall bullish trend. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, 12 technical indicators on 18 studied are currently positioned bullish. No additional result has been identified by Central Indicators, the scanner specialised in technical indicators.
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Near horizontal resistance
Type : Bearish
Timeframe : Daily
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 | 7.854 | 8.350 | 9.517 | 10.234 | 10.487 | 16.000 | 20.380 |
| Change (%) | -23.26% | -18.41% | -7.01% | - | +2.47% | +56.34% | +99.14% |
| Change | -2.380 | -1.884 | -0.717 | - | +0.253 | +5.766 | +10.146 |
| Level | Intermediate | 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 |
|---|---|---|---|---|---|---|---|
| Standard | 10.051 | 10.125 | 10.251 | 10.325 | 10.451 | 10.525 | 10.651 |
| Camarilla | 10.321 | 10.339 | 10.358 | 10.376 | 10.394 | 10.413 | 10.431 |
| Woodie | 10.076 | 10.138 | 10.276 | 10.338 | 10.476 | 10.538 | 10.676 |
| Fibonacci | 10.125 | 10.202 | 10.249 | 10.325 | 10.402 | 10.449 | 10.525 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 9.493 | 9.713 | 10.045 | 10.265 | 10.597 | 10.817 | 11.149 |
| Camarilla | 10.224 | 10.275 | 10.325 | 10.376 | 10.427 | 10.477 | 10.528 |
| Woodie | 9.548 | 9.741 | 10.100 | 10.293 | 10.652 | 10.845 | 11.204 |
| Fibonacci | 9.713 | 9.924 | 10.055 | 10.265 | 10.476 | 10.607 | 10.817 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 6.082 | 6.792 | 7.879 | 8.589 | 9.676 | 10.386 | 11.473 |
| Camarilla | 8.471 | 8.636 | 8.800 | 8.965 | 9.130 | 9.295 | 9.459 |
| Woodie | 6.270 | 6.886 | 8.067 | 8.683 | 9.864 | 10.480 | 11.661 |
| Fibonacci | 6.792 | 7.479 | 7.903 | 8.589 | 9.276 | 9.700 | 10.386 |
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): | 71.11 | |
| MACD (12,26,9): | 0.5870 | |
| Directional Movement: | 16.614 | |
| AROON (14): | 64.286 | |
| DEMA (21): | 10.314 | |
| Parabolic SAR (0,02-0,02-0,2): | 10.486 | |
| Elder Ray (13): | 0.313 | |
| Super Trend (3,10): | 9.444 | |
| Zig ZAG (10): | 10.234 | |
| VORTEX (21): | 1.2580 | |
| Stochastique (14,3,5): | 91.98 | |
| TEMA (21): | 10.650 | |
| Williams %R (14): | -10.14 | |
| Chande Momentum Oscillator (20): | 1.269 | |
| Repulse (5,40,3): | 3.9570 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.9070 | |
| Courbe Coppock: | 47.17 |
| MA7: | 10.303 | |
| MA20: | 9.379 | |
| MA50: | 8.630 | |
| MA100: | 8.552 | |
| MAexp7: | 10.196 | |
| MAexp20: | 9.580 | |
| MAexp50: | 8.917 | |
| MAexp100: | 8.672 | |
| Price / MA7: | -0.67% | |
| Price / MA20: | +9.12% | |
| Price / MA50: | +18.59% | |
| Price / MA100: | +19.67% | |
| Price / MAexp7: | +0.37% | |
| Price / MAexp20: | +6.83% | |
| Price / MAexp50: | +14.77% | |
| Price / MAexp100: | +18.01% |
News
The latest news and videos published on GENERAL ELECTRIC at the time of the analysis were as follows:
- GE Board of Directors Authorizes Regular Quarterly Dividend
- Doc re. GE Files Form 8-K
- General Electric Company: Result of AGM
- Doc re: GE files Form 8-K
- Doc re: GE files Form 8-K
This member declared not having a position on this financial instrument or a related financial instrument.
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