Price action traders in particular will want to note that the 14 day period appears to show price forming a base; this could indicate that a support/resistance level is developing.
The price move occurred on volume that was down 31.47% from the day prior, but up 56.63% from the same day the week before.
Ge capital is said to have 120 billion in assets.
The tide indicators for next 3 weeks will be crucial for me to confirm about the above trend reversal.
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.
This move happened on lower volume, as yesterday’s volume was down 31.29% from the day before — and down 34.71% from the same day the week before.
As for how volume fared, yesterday’s volume was up 88.33% from the previous day (saturday), and up 12.68% from sunday of the week before.
But they maybe be able to hold it down until close.
This move happened on lower volume, as yesterday’s volume was down 1.18% from the day before — and down 18.53% from the same day the week before.
For another vantage point, consider that general electric co’s price has gone down 18 of the previous 30 trading days.