General Electric Co (GE) Down 3.79%, in an Uptrend Over Past 30 Days; Price Base in Formation Over Past 90 Days
It’s been a feast for bears operating on an hourly timeframe, as ge has now gone down 4 of the past 5 hours.
GE
(Last Updated October 28, 2020)
Welcome to the news page for General Electric Co (GE). Below you’ll find our daily market updates. Here’s a technical analysis summary of where things currently stand:
The Trend
On GE, there is currently an uptrend on the 30 and 14 day timeframes.
GE Moving Averages
GE’s moving averages tell a multi-facted story about its trend. The 20 and 50 day averages suggest a bullish trend, as they are pointing upwards, while the 100 and 200 day averages are pointing downward, suggesting a bearish trend on those timeframes. This implies that the long-term trend — meaning going back over 3 months — is bearish, while the trend over the past month and a half is bullish.
The chart below illustrates.
General Electric (GE) Closes Prior Hour Down -1.91%; Price Base in Formation Over Past 90 Days, Heads Down For the 3rd Day In A Row, in an Uptrend Over Past 14 Days
This move happened on lower volume, as yesterday’s volume was down 6.09% from the day before — and down 42.14% from the same day the week before.
General Electric (GE) Price Near $7.11; Price Base in Formation Over Past 90 Days, Heads Down For the 3rd Consecutive Day
Price action traders in particular will want to note that the 90 day period appears to show price forming a base; this could indicate that a support/resistance level is developing.
General Electric (GE) Price Near $7.38; in an Uptrend Over Past 30 Days, Price Base in Formation Over Past 90 Days, Moves Down For the 2nd Straight Day
You think with that kind of money flowing into ge they are going to lose on their investment.
General Electric (GE) Closes Prior Hour Up 0.32%; in an Uptrend Over Past 14 Days
Regarding the trend, note that the strongest trend exists on the 100 hour timeframe.
General Electric (GE) Closes Prior Hour Up 0.32%; in an Uptrend Over Past 14 Days
As for how volume fared, yesterday’s volume was up 28.35% from the previous day (wednesday), and up 25.76% from thursday of the week before.
General Electric (GE) Closes Last Hour Down $-0.06; in an Uptrend Over Past 30 Days
Any correlation to the energy draw required to charge all those $tsla?
General Electric (GE) Closes Last Hour Up $0.01; in an Uptrend Over Past 14 Days, Doji and Pin Bar Patterns Appearing on Chart
This move happened on lower volume, as yesterday’s volume was down 24.95% from the day before — and down 42.7% from the same day the week before.
General Electric (GE) Closes Prior Hour Down -0.14%; 3 Day Up Streak Ended, in an Uptrend Over Past 14 Days
The change in price came along side change in volume that was down 23.03% from previous day, but up 26.27% from the monday of last week.
General Electric (GE) Closes Prior Hour Down -0.14%; Moves Up For the 3rd Consecutive Day, in an Uptrend Over Past 14 Days
In negotiations with the us and canadian govts and big pharma players for antibodies supply deals.