The Greedy Trader Weekly Analysis
Sign In Feb 23, 2018
Skip Navigation Links
   Home
   AnalysisExpand    Analysis
   AlertsExpand    Alerts
   IndustriesExpand    Industries
   Stock PickExpand    Stock Pick
   MembersExpand    Members
   ResourcesExpand    Resources
   About UsExpand    About Us
Number of records: 1
Symbol:  

• Symbol Lookup
• Add to Watch List
• Candlestick Patterns - N/A
• Stock Technical Indicators
• Stock Trends Analysis
• Market Sector Rank
• Stock Trading Signals
General Electric
Subscribe to TheGreedyTrader Weekly Alerts
Summary:
Weekly :Broken trend support line - Downtrend exhaustionRelative Strength Index and Lane's Stochastic oversoldWilliams' Percentage Range is strongly oversoldStochastic has raised above the signal lineRelative Strength Index and Lane's Stochastic bullish divergence
Daily :Williams' Percentage Range is oversoldStochastic signal line moved above oversold areaDaily  MACD line has moved above its signal lineThe price has risen above the Parabolic SAR
Move cursor over the icon to see details.

It was a first positive week after 4 consecutive negative weeks for the General Electric (GE). During the week, the GE climbed 0.11 points, or 0.74%, and closed at 15.05 on Friday, February 16, 2018. Weekly volume was 30% above average.

Long-term trend: [See GE long-term trend chart]
A long-term downtrend had started on July 20, 2016 at 33.00 and reached 14.23 on February 9, 2018. GE lost 18.77 points, or 56.88%, in 81 weeks. Price is near the trend low.

Medium-term trend: [See GE medium-term trend chart]
A medium-term downtrend had started on December 20, 2016 at 32.38 and reached 14.23 on February 9, 2018. GE lost 18.15 points, or 56.05%, in 59 weeks. The chart has formed a Falling Channel chart pattern. The downtrend support line (20.08) is broken, while daily and weekly technical indicators are oversold. Downtrend is exhausted and trend reversal is possible soon. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend support in a medium-term trend.

Weekly Technical Indicators: [See GE weekly technical indicators chart]
Weekly Relative Strength Index and Lane's Stochastic are oversold while Williams' Percentage Range is strongly oversold. Use the Technical Stock Screener to see the list of stocks with oversold weekly Relative Strength Index and Lane's Stochastic or strongly oversold weekly Williams' Percentage Range. During the last week, weekly Lane's Stochastic main line (%K) has rallied above the oversold signal line (%D). Such crossover is considered a bullish signal. Weekly Relative Strength Index and Lane's Stochastic have bullish divergence. Use the following links to access the Relative Strength Index and Lane's Stochastic help, or use the Technical Stock Screener to see the list of stocks with weekly Relative Strength Index and Lane's Stochastic bullish divergence. The divergence between price and indicator is considering one of the most important buy/sell stocks trading signal. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following links to access Lane's Stochastic, Relative Strength Index and Williams' Percentage Range help.

The weekly MACD line is below its signal line since January 27, 2017. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is low and getting smaller. It indicates that the current medium-term downtrend is getting weak. Use the following link to access a MACD help.

Short-term trend: [See GE short-term trend chart]
A short-term uptrend had started on February 9, 2018 at 14.23 and reached 15.23 on February 16, 2018. GE gained -1.00 points, or -7.03%, in 7 days. The price is now at the 18% retracement level.

Daily Technical Indicators: [See GE daily technical indicators chart]
Daily Williams' Percentage Range is oversold. Use the Technical Stock Screener to see the list of stocks with daily oversold Williams' Percentage Range. During the last week, daily Lane's Stochastic signal line (%D) has moved above oversold area. Such crossover is considered a bullish signal.

During the last week, daily MACD line has moved above its signal line. Such crossover is considered a bullish signal.

During the last week, the price has risen above the Parabolic SAR (stop and reversal). A Parabolic SAR below the price is a bullish signal, and it indicates that momentum is likely to remain in the upward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 35.46
Williams' Percentage Range (W%R) 80.20
Oversold
Lane's Stochastic (%D-Slow) 39.92
Greed/Fear Indicator (GFI) 31.73
Moving Average Converg./Diverg. (MACD) -0.71
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 18.00
Oversold Bullish
Williams' Percentage Range (W%R) 94.30
Strong Oversold
Lane's Stochastic (%D-Slow) 11.69
Oversold Bullish
Greed/Fear Indicator (GFI) 19.00
Oversold
Moving Average Converg./Diverg. (MACD) -2.38 Bullish
Trading Signals
Description Value Chart
Upper Bollinger Band 17.02
50 Day Moving Average 16.91
20 Day Moving Average 15.55
Price 15.05
Daily Stochastic Crossing 14.78
Weekly Stochastic Crossing 14.78
Parabolic System 14.31
Lower Bollinger Band 14.24
Sector and Industry
Description Name Rank
Sector Conglomerates 5
Industry Conglomerates 77
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 14.23
Low Date 02/09/2018
High 15.23
High Date 02/16/2018
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 14.23
Low Date 02/09/2018
High 15.23
High Date 02/16/2018
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 19.39
High Date 01/11/2018
Low 14.23
Low Date 02/09/2018
Quarterly Trend
Yearly Trend
Description Value
Direction Down
Chart Pattern Falling Channel
Status Broken Support
Resistance 21.49
Support 20.08
High 32.38
High Date 12/20/2016
Low 14.23
Low Date 02/09/2018
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 33.00
High Date 07/20/2016
Low 14.23
Low Date 02/09/2018
Warning: TheGreedyTrader.com presents weekly analysis. Technical indicators and trend parameters are calculated for the close of business day indicated on the top right corner of the screen.

Copyright© 2004-2016 All rights reserved.