GE Breaks Out at $315.14 as Moving Averages Align
BullishGE Aerospace (GE) closed down 0.51% at $315.14 on December 27.
Technical indicators paint a bullish picture:
Moving Averages
Price trades above the 9-day EMA ($308.20) with a bullish stack. The 21-day EMA at $302.62 provides support.
Momentum
RSI at 61.6 is in neutral territory but trending higher. MACD is bullish (4.57 vs signal 1.45).
Volatility
Bollinger Band width at 14.9% indicates normal volatility.
Key levels to watch: Support at $275.30, Resistance at $319.48.