GE Powers to $315.14 on Strong EMA Stack
BullishGE Aerospace (GE) closed down 0.51% at $315.14 on December 29.
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 $302.57 provides support.
Momentum
RSI at 60.6 is in neutral territory but trending higher. MACD is bullish (4.55 vs signal 1.43).