Stronger Sell Today GE ranks #3365 as SELL CANDIDATE. Weaker Sell
Today GE ranks #3365 as SELL CANDIDATE.

GE stock General Electric Company

GE stock
General Electric Company

April 18, 2019
Change 2.52%
Chart period: 2019-01-22 - 2019-04-18
VOLUME
Buy
TREND
Hold

MV LONG
Sell

MV SHORT
Buy

PIVOT
Buy

MACD
Sell

Social Sentiment for GE

Today's data is from 3 opinions on StockTwits provided by IEX Cloud.
Bullish vs. Bearish opinions
100%
0%
Weighted Sentiment 0.52

Will GE stock price go up or down on Mon, 22 Apr 2019?

General Electric Company Forecast and Stock Analysis

Technical GE stock analysis for April 18, 2019.

Sell candidate since 2019-04-18
Shorts 1.48% ( 2019-03-29 )
Cash n/a
Loans n/a
Beta 0.99
ROA -6.88

General Electric Company gained 2.52% in the last trading day, rising from $9.12 to $9.35 The price has fallen in 8 of the last 10 days and is down by -6.78% for this period. Volume has increased in the last day along with the price, which is a positive technical sign, and, in total, 3.15 million more shares were traded than the day before. In total, 51.21 million shares bought and sold for approximately $478.83 million.

Close price at the end of the last trading day (Thursday, 18th Apr 2019) of the GE stock was $9.35. This is 2.52% more than the trading day before Wednesday, 17th Apr 2019.

During day the stock fluctuated 2.80% from a day low at $9.10 to a day high of $9.35.

30 day high of the GE stock price was $10.34 and low was $8.79.
90 day high was $11.75 and low was $8.56.
52 week high for the General Electric Company - $15.59 and low - $6.66.

Trend

Given the current horizontal trend you can expect General Electric Company with 90% probability to be traded between $8.73 and $10.73 at the end of this period with 90% probability. A break of a horizontal trend is often followed by a large increase in the volume, and stocks seldom manage to go directly from the bottom of a trend up to the roof. Stocks turning up in the middle of a horizontal trend are therefore considered to be potential runners.

Click here for today's Top 5 Trending Companies

Signals

A buy signal was issued from a pivot bottom point on Monday April 15, 2019, which indicates further gains until a new top pivot has been found. Volume is rising along with the price. This is considered to be a good technical signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. General Electric Company holds a buysignal from the short-term moving average; at the same time, however, a sales signal from the long-term average. Since the longterm average is above the short-term average there is a general sales signal in the stock. On further gains, the stock will meet resistance from the long-term moving average at $9.78. On a fall, the stock will find some support from the short-term average at $9.12. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sales signal and strengthen the general signal.

Access today's Top 5 Golden Star Companies

Relative Strength Index (RSI)

RSI14 is 33 and the stock is currently not being overbought or oversold

Access full RSI 14 and RSI 21 lists

Support & Resistance

General Electric Company finds support from accumulated volume at $9.16.

Support: $9.16 Price: $9.35 Resistance: $9.96

Risk

This stock may move much during a day (volatility) and with a large prediction interval from the Bollinger Band this stock is considered to be "high risk". During the last day, the stock moved $0.25 between high and low, or 2.80%. For the last week, the stock has had a daily average volatility of 2.34%.

Our recommended stoploss: We hold a sell evaluation for this stock. No stop-loss set.

Overall risk:

Very Low Low Medium High Very High

Evaluation: Sell Candidate

General Electric Company holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock. Due to some small weaknesses in the technical picture we have downgraded our recommendation for this stock since last evaluation from a Hold/Accumulate to a Sell Candidate.

Stronger Sell Today GE ranks #3365 as SELL CANDIDATE. Weaker Sell
Today GE ranks #3365 as SELL CANDIDATE.