GE stock forecast and price prediction
Updated on:
Jul 29th, 2021
1
GE forecast brief
- Counting on Wednesday, it's been 4 consecutive sessions in positive for General Electric. Price closed on Wednesday at $13.13 after just moving a 0.38%.
- On Wednesday, General Electric posted its Q2 earnings report
- General Electric Company operates as a high-tech industrial company worldwide.
General Electric stock price forecast
How much a stock will be priced tomorrow or next week is quite unpredictable. Banks and financial organisations issue their analysis forecasting how a particular stock will performance in the future.
The following table shows the price forecasts posted by brokerage institutions for the last 30 days. Again, these targets are not direct recommendations for individual traders and must not be trusted blindly.
We don't have any target price published in the previous 30 days for General Electric.
Analysts recommendations
In the previous month we couldn't find any rating for General Electric
Earnings and financials
Financial call was hosted by General Electric ($GE) on Wednesday after releasing the earnings report.
Compared to the same quarter one year ago, EPS was $-0.15, so current EPS means 100.00%. Revenue barely changed on an annualized basis in the , from $177.5B to $182.8B last quarter.GE ($GE) releases quarterly financial report next October.
General Electric stock: buy or sell?
Is General Electric good stock to buy now?
General Electric had no ratings in the last four weeks Read the article to get additional tips on trading GE stock.Currently, General Electric stock doesn't match any of these trading strategies, so our recommendation is not to buy now. This doesn't mean we expect a selloff for $GE in the next few days, or that it may not rise higher. Simply, it doesn't match our recommended trading systems
Should I sell General Electric?
In the current situation of General Electric there is not any eligible sell setup, so General Electric stock holders with operations in profit can keep their positions
General Electric stock technical predictions
SMAs overview
Supports and resistances
The current resistances are:
The current supports are:
Bollinger bands
Since the price broke down the lower band on July 19, the price bounced off by 11.08%
Relative strength index
The RSI broke out the oversold level of 30 on July 20 after just being in the oversold zone for 1 day (what can be considered a strength signal). The RSI value on Wednesday was 52.63. Since then, General Electric stock skyrocketed a 9.42%
General Electric stock price history
General Electric went public priced at an adjusted price1 of $0.13 on Jan 1962. Since then, GE stock surged by 10,000.00%, with an average of 169.49% per year. An investment of $1,000USD on the IPO would be valued $101,000.00 today.
1: Adjusted price after possible price splits or reverse-splits
Important:
The viewpoints expressed in this article are personal and should not be followed as recommendations for you to buy or sell stocks. The author of this text does not have any knowledge of the particular positions of the reader, his or her own financial statements or what is in his or her best interest at any given time. All users should speak with their financial advisor before buying or selling any securities Comments are posted for education reasons onlyGE summary
| Wednesday, July 28th, 2021 | |
|---|---|
| Open | $13.15 |
| Close | $13.13 |
| Day range | $13.04 - $13.48 |
| Previous close | $13.08 |
| Session gain | 0.38% |
| Average true range | $0.51 |
| 50d mov avg | $13.24 |
| 100d mov avg | $13.24 |
| 200d mov avg | $11.78 |
| Earnings date | October 26th, 2021 |