13.6400
Change
-0.2000
Change %
1.4451%
Open
13.6400
Close
13.6400
High
13.6400
Low
13.6400
General Electric faces downward trend line - Analysis - 11-07-2018
2018-07-11 13:18:35 GMT (Economies.com)
General Electric faces downward trend line - Analysis - 11-07-2018
 

General Electric's stock (GE) rose in the intraday levels, scoring a fresh profit of 1.58% in the last session, or 0.22 points, while the Relative Strength Index reached extremely overbought levels, touching thereafter the resistance of the 50-day SMA, coinciding with testing the downward short-term trend line. 

 

Therefore we expect the stock to return lower, targeting the pivotal support of 12.73, as long as the resistance of 14.03 holds on.  

 
 
 
  Symbol Last Change Chg.%
1.1659
-0.0034
0.2942%
1.3109
-0.0122
0.9225%
15.571
-0.243
1.540%
67.605
-2.958
4.191%
71.96
0.12
0.17%
1227.700
-13.410
1.081%
 
 
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