NYSE trade advice (B): US technology stock | 5-7% gain | USA stock trading signal on 17 Apr 2024

Date
April 17, 2024
Analysed By
Naranj Capital Research Desk
Stock Market
NYSE, United States of America

Swing Trading Signals in US Stocks

  • Buy
  • Buy
    Range
  • Target
  • Stoploss
  • Upside
    Potential
  • Trade
    Duration
  • GE Aerospace
  • 150 – 155
  • 163 – 166
  • Below 147
  • 5% – 7%
  • 12 - 14 Days
  • Buy
    GE Aerospace
  • Buy
    Range
    150 – 155
  • Target
    163 – 166
  • Stoploss
    Below 147
  • Upside
    Potential
    5% – 7%
  • Trade
    Duration
    12 - 14 Days
  • * Once the first target hit, reset the StopLoss at your buying price.

    GE Aerospace (NYSE: GE) - Stock Overview

  • NYSE code
  • Stock Name
  • Sector
  • 52 Weeks High
  • 52 Weeks Low
  • GE
  • GE Aerospace
  • Technology
  • 180.36
  • 95.475
  • NYSE code GE
  • Stock Name GE Aerospace
  • Sector Technology
  • 52 Weeks High 180.36
  • 52 Weeks Low 95.475
  • GE Aerospace (NYSE: GE) vs NYSE - Relative Strength Comparison

    The image highlights GE Aerospace's performance over the last year versus NYSE.
    Relative Performance - Last 1 Year
    GE —   NYSE —

  • GE Aerospace (NYSE: GE) - Technical Analysis (Daily)

    GE Aerospace - Technical Analysis chart on Daily Price and Volume
    GE Aerospace - Technical Analysis chart on Daily Price and Volume

    • Price is in a strong uptrend and consistently making Higher Highs and Lows.
    • In the chart, we can observe that a bullish Pole and Flag pattern has been formed.
    • After the breakout of the pattern, price has given a very sharp upside rally.
    • Currently the price is trading near its All Time High.
    • If the price manages to sustain this level then we can expect the price to achieve new highs in coming days.
  • GE Aerospace (NYSE: GE) - RSI Indicator

    GE Aerospace stock analysis based on RSI indicator
    GE Aerospace - RSI Indicator

    • Current RSI of this stock is 70.26, which indicates the strength of buyers.

  • GE Aerospace (NYSE: GE) - ADX & DI Indicator

    GE Aerospace stock analysis based on ADX & DI indicator
    GE Aerospace - ADX & DI Indicator

    • Increasing ADX value above 20, indicated the strength of the trend, thereby uptrending ADX confirms the bullish or bearish supportive decisions. Along with the rising ADX, and the +DI is above (or crossing) -DI, indicates the long trades should be favoured.

  • GE Aerospace (NYSE: GE) - MA Crossover

    GE Aerospace stock analysis based on MA Crossover
    GE Aerospace - MA Crossover

    • The short length moving average (10 SMA) has crossed the long length moving average (20 SMA) from the below, generates bullish signal. Last day’s candle has closed above all these moving averages. This suggests buyers are taking interest in this stock.

  • Conclusion - GE Aerospace (NYSE: GE) Stock Price Forecast

    Based on our short term trading advice in USA stocks, GE Aerospace stock price target will be USD 163 - USD 166 in the next 12-14 trading sessions.

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    Target hit. Trade closed.

    17 Apr 2024
    23 Apr 2024
    29 Apr 2024
    7 days
    Loss per
    100,000 SAR
    Stop-loss
    147
    Buy Advice
    17 Apr 2024
    150 – 155
    Target 1
    23 Apr 2024
    163
    Target 2
    29 Apr 2024
    166
    Profit per
    100,000 SAR
    7 days
    10,667
    147
    150 – 155
    163
    166
    10,667
    17 Apr 2024
    23 Apr 2024
    29 Apr 2024
    7 days
    Loss per
    100,000 SAR
    Stop-loss
    147
    Buy Advice
    17 Apr 2024
    150 – 155
    Target 1
    23 Apr 2024
    163
    Target 2
    29 Apr 2024
    166
    Profit per
    100,000 SAR
    7 days
    10,667
    147
    150 – 155
    163
    166
    10,667
  • Buy
  • Buy
    Range
  • Target
  • Stoploss
  • Upside
    Potential
  • Trade
    Duration
  • GE Aerospace
  • 150 – 155
  • 163 – 166
  • Below 147
  • 5% – 7%
  • 12 - 14 Days
  • Buy GE Aerospace
  • Buy
    Range
    150 – 155
  • Target 163 – 166
  • Stoploss Below 147
  • Upside
    Potential
    5% – 7%
  • Trade
    Duration
    12 - 14 Days
  • Buy
  • Buy
    Range
  • Target
  • Stoploss
  • Upside
    Potential
  • Trade
    Duration
  • GE Aerospace
  • 150 – 155
  • 163 – 166
  • Below 147
  • 5% – 7%
  • 12 - 14 Days
  • Buy
    GE Aerospace
  • Buy
    Range
    150 – 155
  • Target
    163 – 166
  • Stoploss
    Below 147
  • Upside
    Potential
    5% – 7%
  • Trade
    Duration
    12 - 14 Days
  • * Once the first target hit, reset the StopLoss at your buying price.
    * Trade durations are approximate; actual holding period may vary.

    GE Aerospace (NYSE: GE) - Stock Overview

  • NYSE code
  • Stock Name
  • Sector
  • 52 Weeks High
  • 52 Weeks Low
  • GE
  • GE Aerospace
  • Technology
  • 180.36
  • 95.475
  • NYSE code GE
  • Stock Name GE Aerospace
  • Sector Technology
  • 52 Weeks High 180.36
  • 52 Weeks Low 95.475
  • Company profile

    GE Aerospace provides jet and turboprop engines, as well as integrated systems for commercial, military, business, and general aviation aircraft. It operates through the following segments: Renewable Energy, and Power. The Renewable Energy segment includes onshore and offshore wind, blade manufacturing, grid solutions, hydro, storage, hybrid renewables, and digital services offerings. The Power segment serves power generation, industrial, government and other customers worldwide with products and services related to energy production. The company was founded by Thomas Alva Edison in 1878 and is headquartered in Cincinnati, OH.

  • GE Aerospace (NYSE: GE) vs NYSE - Relative Strength Comparison

    The image highlights GE Aerospace's performance over the last year versus NYSE.
    Relative Performance - Last 1 Year
    GE —   NYSE —

  • GE Aerospace (NYSE: GE) - Technical Analysis (Daily)

    GE Aerospace - Technical Analysis chart on Daily Price and Volume
    GE Aerospace - Technical Analysis chart on Daily Price and Volume

    • Price is in a strong uptrend and consistently making Higher Highs and Lows.
    • In the chart, we can observe that a bullish Pole and Flag pattern has been formed.
    • After the breakout of the pattern, price has given a very sharp upside rally.
    • Currently the price is trading near its All Time High.
    • If the price manages to sustain this level then we can expect the price to achieve new highs in coming days.
  • GE Aerospace (NYSE: GE) - RSI Indicator

    GE Aerospace stock analysis based on RSI indicator
    GE Aerospace - RSI Indicator

    • Current RSI of this stock is 70.26, which indicates the strength of buyers.

  • GE Aerospace (NYSE: GE) - ADX & DI Indicator

    GE Aerospace stock analysis based on ADX & DI indicator
    GE Aerospace - ADX & DI Indicator

    • Increasing ADX value above 20, indicated the strength of the trend, thereby uptrending ADX confirms the bullish or bearish supportive decisions. Along with the rising ADX, and the +DI is above (or crossing) -DI, indicates the long trades should be favoured.

  • GE Aerospace (NYSE: GE) - MA Crossover

    GE Aerospace stock analysis based on MA Crossover
    GE Aerospace - MA Crossover

    • The short length moving average (10 SMA) has crossed the long length moving average (20 SMA) from the below, generates bullish signal. Last day’s candle has closed above all these moving averages. This suggests buyers are taking interest in this stock.

  • Conclusion - GE Aerospace (NYSE: GE) Stock Price Forecast

    Based on our short term trading advice in USA stocks, GE Aerospace stock price target will be USD 163 - USD 166 in the next 12-14 trading sessions.

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    Details of Arijit Banerjee

    Arijit Banerjee CMT CFTe is a seasoned expert in the financial industry, boasting decades of experience in trading, investment, and wealth management. As the founder and chief strategist of Naranj Capital, he’s built a reputation for providing insightful research analysis to guide investment decisions.

    Arijit’s credentials are impressive, holding both the Chartered Market Technician (CMT) and Certified Financial Technician (CFTe) designations. These certifications demonstrate his expertise in technical analysis and financial markets.

    Through Naranj Capital, Arijit shares his market insights and research analysis, offering actionable advice for investors. His work is featured on platforms like TradingView, where he publishes detailed analysis and recommendations.

    If you’re interested in learning more about Arijit’s work or Naranj Capital’s services, you can reach out to them directly through their website