General Electric Co (GE) Tops All mega cap US stocks, Up 5.75%; Nears 20 Day Moving Average

General Electric Co Daily Price Recap

General Electric Co closed the previous day up 5.75% ($0.37); this denotes the 2nd day in a row an upward move has occurred. The change in price came along side change in volume that was up 31.4% from previous day, but down 15.22% from the Tuesday of last week. Here is a daily price chart of General Electric Co.

General Electric Co Technical Analysis

Notably, General Electric Co is now close to its 20 day moving averages, which may act as price barrier for the asset. Trend traders will want to observe that the strongest trend appears on the 90 day horizon; over that time period, price has been moving down. Or to view things another way, note that out of the past 30 days General Electric Co’s price has gone down 17 them.

Overheard Around the Web

Over on StockTwits, here’s an example of what they’re saying about GE: