General Electric Co (GE) Up 0.93%; in a Downtrend Over Past 90 Days

General Electric Co Daily Price Recap

General Electric Co is up 0.93% ($0.06) since the day prior, marking the 2nd day in a row an increase has occurred. The price move occurred on stronger volume; specifically, yesterday’s volume was up 8.29% from the day prior, and up 4.93% from the same day the week before. Let’s take a look at the daily price chart of General Electric Co.

General Electric Co Technical Analysis

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. For additional context, note that price has gone down 9 out of the past 14 days.

Overheard Around the Web

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

    $GE high stress. Bought the dip and almost got shaken out. The only thing that saved me was there was no size on the bid for my calls and I have a shit load.

    WicketKeeper