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Industrial Conglomerates Industry Stocks Technical Analysis - GEArchive - 6/12/2026 - Sign In to see current Signals. |
General Electric (GE) Technical Analysis
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| Summary:
| | Weekly :    | | Daily :   Move cursor over the icon to see details.
| | It was a fourth consecutive positive week for the General Electric (GE). During the week, the GE gained 7.30 points, or 2.23%, and closed at 335.30 on Friday, June 12, 2026. Weekly volume was -23% below average. GE is a member of Industrials Sector. Industrials is the second most overbought sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.
Long-term trend: [See GE long-term trend chart] A long-term downtrend had started on February 25, 2026 at 348.48 and reached 268.91 on April 22, 2026. GE lost 79.57 points, or 22.83%, in 8 weeks. The chart has formed a Falling Wedge chart pattern. The downtrend resistance line (264.68) is broken. Usually a broken resistance is considered to be a long-term bullish signal, but since daily indicators are overbought a short-term pull back is possible. GE may retest the broken resistance line. It is considered to be a support line now. 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 resistance line in a long-term trend.
Medium-term trend: [See GE medium-term trend chart] A medium-term uptrend had started on April 22, 2026 at 268.91 and reached 336.86 on June 12, 2026. GE gained -67.95 points, or -25.27%, in 7 weeks. Price is near the trend high.
Weekly Technical Indicators: [See GE weekly technical indicators chart] Weekly Williams' Percentage Range is overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Williams' Percentage Range. 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 link to access Williams' Percentage Range help. During the last week, weekly MACD line has moved above its signal line. Such crossover is considered a bullish signal. 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 May 15, 2026 at 281.31 and reached 336.86 on June 12, 2026. GE gained -55.55 points, or -19.75%, in 28 days. The chart has formed a Rising Wedge chart pattern. The trend support level is at 324.32 and resistance is at 340.09. A Rising Wage is a triangle formation with a noticeable slant to the upside. It represents the loss of an upside momentum on each successive high and has a bearish bias. The Rising wedge usually marks a reversal in an uptrend. In a downtrend a rising wedge is considered to be a continuation pattern. Use the following link to access a Rising Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Rising Wedge pattern in a short-term trend.
Daily Technical Indicators: [See GE daily technical indicators chart] Daily Williams' Percentage Range is strongly overbought. Use the Technical Stock Screener to see the list of stocks with strongly overbought daily overbought Williams' Percentage Range. During the last week, daily Lane's Stochastic signal line (%D) has moved below overbought area. Such crossover is considered a bearish signal. Daily Relative Strength Index, Lane's Stochastic and MACD have bearish divergence. Use the following links to access the Relative Strength Index, Lane's Stochastic and MACD help, or use the Technical Stock Screener to see the list of stocks with daily Relative Strength Index, Lane's Stochastic and MACD bearish divergence. The divergence between price and indicator is considering one of the most important buy/sell stocks trading signal. Use the following links to access Lane's Stochastic and Relative Strength Index help. The daily MACD line is above its signal line since May 19, 2026. This is an indication that the short-term trend is up. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term uptrend is getting weak.
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