General Electric (GE) Closes Last Hour Down $-0.04; in an Uptrend Over Past 90 Days
Regardless of right or wrong, it is the balancing act of giving and returning energy without judgement.
(Last Updated January 18, 2021)
Hello! This is the news page for General Electric Co. Below you’ll find our daily market updates. Here’s a technical and fundamental summary of where things currently stand:
On GE, there is currently an uptrend on the 90, 30 and 14 day timeframes.
Across several time periods between 20 and 200 days, the trend on GE has remained consistently bullish.
Below is a chart showing GE’s price with its moving averages.
Regardless of right or wrong, it is the balancing act of giving and returning energy without judgement.
If you’re a trend trader, consider that the strongest clear trend on the hourly chart exists on the 20 hour timeframe.
This company will probably be bought out by a big industrial company like $ge or even $amzn or $aapl.
The price move occurred on volume that was down 42.95% from the day prior, but up 39.53% from the same day the week before.
As for how volume fared, yesterday’s volume was up 4.47% from the previous day (monday), and up 38.13% from tuesday of the week before.
It should be noted, though, that a trend in the opposite direction, going down, exists on the 14 day timeframe.
This move happened on lower volume, as yesterday’s volume was down 5.84% from the day before — and down 44.55% from the same day the week before.
This action is a non-competitive award and is in accordance with federal acquisition regulation 6.302-1.
I know it will go to $13 sometime early next year.
This move happened on lower volume, as yesterday’s volume was down 1.31% from the day before — and down 4.83% from the same day the week before.