Killy_Mel

DOW JONES OVERVIEW: GENERAL ELECTRIC IS TRADING LATERALLY

NYSE:GE   GENERAL ELECTRIC COMPANY
On long term basis General Electric trades in are of long term means (above 5-year mean at 22.5 and above 10-year mean at 24.5)

Thus we can say that there are no current trends on long term basis.

On short term basis price has returned within upper 1st standard deviations from 1-year and quarterly mean - which are approximately at the same level and are aligned with the 10-year mean.

Thus short term basis there are no trends also at the moment, however if price fails 24.5 (10-year mean), probability will arise to tag 22.5 (5-year mean)
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