General Electric (NYSE:GE - Analyst Report) has potential upside of 29.4% based on a current price of $16.19 and analysts' consensus price target of $20.95. The stock should hit resistance at its 200-day moving average (MA) of $18.51, as well as support at its 50-day MA of $15.78.
Over the past year, General Electric has traded in a range of $14.02 to $21.65 and is now at $16.19, 15% above that low. Over the past week, the 200-day moving average (MA) has gone down 0.2% while the 50-day MA has advanced 0.4%.
SmarTrend is monitoring the recent change of momentum in General Electric. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of General Electric in search of a potential trend change. For the latest updates on the stock market, visit Stock Market Today For the latest updates PRESS CTR + D or visit Stock Market news Today
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