Ge Stock Rsi

Relative strength index rsi is a momentum oscillator.

Ge stock rsi. The rsi is basically an internal strength index which is adjusted on a daily basis by the amount by which the market rose or fell. It is most commonly used to show when a market has topped or bottomed. The rsi is considered to be overbought when it is above 70 and oversold when it below 30. The rsi analysis compares the current rsi against neutral 50 oversold 30 and overbought 70 conditions.

The relative strength index rsi is one of the most popular overbought oversold ob os indicators. A brief summary strong buy buy strong sell sell or neutral signals for the general electric company stock. However at the end of 2016 you can clearly see ge stock began selling off diverging in price over next several years while the s p continued to climb higher. A detailed technical analysis through moving averages buy sell signals simple and.

Thus one can buy when the rsi moves above 30 from below and sell when it moves below 70 from above. Relative strength index rsi analysis the relative strength index rsi is a momentum osciallator that is able to measure the velocity and magnitude of stock price changes. Rsi is mainly used to identify the general trend. Momentum is calculated as the ratio of positive price changes to negative price changes.

Plus there is a rotation into energy industrials ge has been receiving buy recommendations its starting to test the 100 bar resistance level 7 36 tsa numbers are rising to 900 000 people. Since the 70 s ge has closely followed a price structured rise of the s p 500. General electric rsi charts and information presented by stock rsi. Ge market cap history ge shares outstanding history ge ytd return ge dma ge macd ge technical analysis.

At yahoo finance you get free stock quotes up to date news portfolio management resources international market data social interaction and mortgage rates that help you manage your financial life. A reading below 30 is viewed to be oversold which a bullish investor could look to as a sign that the selling is in the process of exhausting itself and look for entry point opportunities.