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Takip Edin: @UscMarketsGE Stock Forecast & General Electric Company Chart Analysis
This article provides a detailed analysis of GE-General Electric Company stock including a forecast for GE shares. It features General Electric Company technical analysis, support and resistance levels, financial report evaluations, buy and sell signals based on simple moving averages and MACD, and artificial intelligence-assisted target price predictions
Stocks can be purchased through banks, brokerage firms, investment funds, and individual retirement systems.
GE Historical Data Review
GE Current Price Performance Analysis
The General Electric Company - GE stock traded on the American stock market, on 06-05-2024, closed at 162.55$ with a %0.72 increased compared to the previous day.
In the last month, the price of GE changed by %-3.23 decreased in value, from 167.97 dollars on 05-06-2024 to 162.55 dollars, decreased.
Last year, the price of GE was 84.17 dollars on 06-06-2023, and changed by %93.12 increased in value, to 162.55 dollars increased within a year.
The price of General Electric Company stock is riding high above the 50-day and 100-day moving averages. This means it's on a positive run for now, great news for those who got in early. But let's not take our eyes off the ball; no stock climbs forever.
GE with AI Stock Forecast & Price Target
On the GE chart General Electric Company price was recorded as 162.55 Dollars on 06/05/2024.
The artificial intelligence's forecast on GE stock is as follows.
The artificial intelligence's prediction error margin for GE stock is moderate.
There are two types of risk factors in the artificial intelligence's targets: timing and target prices.
For example, the target price for one month later may be realized three months later. But there is no guarantee of this.
The average predicted price for General Electric Company stock over the next 4 months is: 182.4 Dollars.
The commentary on GE stock Target Price: Highest: 191.36 Dollars is predicted.
The commentary on GE stock Target Price: Lowest: 169.534 Dollars is predicted.
Resistance Price where General Electric Company stock will Rise and Fall:
| Date | Price Prediction |
|---|---|
| 07-05-2024 | 181.157 |
| 10-08-2024 | 191.360 |
| 12-12-2024 | 190.863 |
Support Price where General Electric Company stock will Fall and Rise:
| Date | Price Prediction |
|---|---|
| 07-30-2024 | 173.511 |
| 11-07-2024 | 183.994 |
| 03-27-2025 | 171.263 |
The commentary on GE stock: Fluctuations in the target price can be expected in the coming days.
The target price for General Electric Company stock by the end of 2024 is predicted to be 190.082 Dollars.
The price prediction graph prepared with the help of artificial intelligence, the commentary on GE stock, and the 2024 target price predictions for General Electric Company are detailed above.
The technical analysis and charts for the commentary on GE stock are below.
GE Support & Resistance and Trend Analysis
GE stock you have reviewed the technical analysis support resistance charts regarding.
GE : Targeting Support and Resistance Price Levels
According to the algorithmic analysis results related to the GE review, the General Electric Company support and resistance prices are as follows.
Support and resistance levels on the chart are not absolute. They may vary depending on market conditions and macroeconomic indicators.
General Electric Company Support and Resistance Prices:
| GE Support Level Price | GE Resistance Level Price |
|---|---|
| 94.31 | 98.36 |
| 98.68 | 98.70 |
| 133.99 | 98.83 |
| 146.78 | 104.39 |
| 157.36 | 158.44 |
| 163.65 | |
| 169.15 | |
| 170.80 |
GE Technical Analysis: SMA, RSI, MACD
Upon reviewing the GE chart, buy and sell signals have been generated in the General Electric Company technical analysis with technical indicators. There are over 100 technical indicators in the market. Each technical indicator can produce different signals.
However, please remember that technical analysis is only a tool and exact results cannot be guaranteed.
On The technical analysis chart and stock comments for GE stock are as follows:- The technical analysis for General Electric Company indicates that the MACD indicator (with parameters 9, 12, 26) has most recently generated a 'Sell' signal.
Basic Technical Analysis Tips for Financial Markets
- Moving averages may not yield reliable results in stagnant, sideways markets.
- According to MACD technical analysis, the most optimal buying opportunity is a 'Buy' signal given when the MACD is below the 0 level.
- An RSI crossing below 70 is used as a sell signal, and a crossing above 30 is used as a buy signal.
- During a strong upward trend, the RSI can rise above 70 and stay there.
- No indicator is perfect. Having indicators corroborate each other can increase the chances of success.
- Instead of fully relying on these indicators for your investment decisions, it is recommended to conduct a comprehensive analysis and consult a professional financial advisor.
You have read the comments, technical analyses, target prices, and financial reports for General Electric Company stock: Click here to read more predictions on Comcast Corporation stock.
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