The Hourly View for GE
Last Updated March 4, 2021, 12:33 GMT
At the time of this writing, GE’s price is up $0.42 (3.2%) from the hour prior. This move is a reversal from the hour prior, which saw price move up. As for the trend on the hourly timeframe, we see the clearest trend on the 20 hour timeframe. The moving averages on the hourly timeframe suggest a choppiness in price, as the are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity for rangebound traders.
General Electric Co Daily Price Recap
The back and forth price flow continues for General Electric Co, which started today off at 13.44 US dollars, up 3.54% ($0.46) from the day prior. As for how volume fared, yesterday’s volume was up 51.89% from the previous day (Tuesday), and up 21.1% from Wednesday of the week before. The daily price chart of General Electric Co below illustrates.
General Electric Co Technical Analysis
Trend traders will want to observe that the strongest trend appears on the 14 day horizon; over that time period, price has been moving up. For another vantage point, consider that General Electric Co’s price has gone up 16 of the previous 30 trading days.
Overheard Around the Web
Here’s what one trader on StockTwits recently had to say in regards to GE:
$GE Anyone who sells this before Larry Culps March 10th yearly outlook call is insane. Aviation's CEO scoops up millions worth of shares a week before the yearly outlook call?!? I think he knows big surprises are coming. I think we see this touch 15$ on the 10th when Larry Culp announces FCF in the 1st quarter followed by 3-6 billion in FCF over the course of the year.