General Electric stock forecast: down to 157.83 USD GE stock price prognosis

STOCK

Forecast for Fri 14 Jun 2024 price 159.94

General Electric stock price forecast for further price development down to -10.65% (time horizon: 1 day) and price target of 157.83 USD. Short-term (time horizon: 2 weeks) General Electric share price prediction for 2024-06-14 with daily closed price projections

Key Facts

Symbol GE 

ISIN US3696041033 

CUSIP 369604103


Currency USD


Category Electronic & Other Electrical Equipment (No Computer Equip)

Forecast price change %

Relative Strength Index (RSI)

Finance numbers

Revenue 77,247,000,000.0


Earnings per share -0.45


Dividends 0.04

On our site we made daily predictions for finance products based on statistical analysis. You can export / download forecasted data as CSV file, no login required. The information can be used for day trading.

Summerized Form 10-K with GPT-2

CORPORATE ITEMS AND ELIMINATIONS. Following are details of these and other actions. GE Industrial has in place committed revolving credit lines. The cost and availability of debt financing is influenced by our credit ratings. The following provides information on our cash flows in 2020 compared with 2019. See Note 1 for further information on our most significant accounting policies. If multiple valuation methodologies are used, the results are weighted appropriately. Investment portfolio and other adjustments. Future long-term care premium rate increases. The amount of times that rate increases have occurred varies by ceding company. We also have internal dependencies on certain key GE manufacturing or other facilities. As a result, the sum of per-share amounts may not equal the total. Performance Obligations Satisfied Over Time. GE 2020 FORM 10-K 63 Performance Obligations Satisfied at a Point in Time. REVENUES FROM THE SALE OF SERVICES. See Note 12 for further information. We use a December 31 measurement date for these plans. Participants earn benefits based on their service and pay. NONRECURRING FAIR VALUE MEASUREMENTS. Equity investments without readily determinable fair value and Associated companies. These investments are generally included in Level 3.Long-lived Assets. In September 2019, we reduced our ownership interest in Baker Hughes from 50.2% to 36.8%. In turn, the JV sells products and services primarily to BKR and our Power segment. Changes in their fair value are recorded in Other comprehensive income. UNCONSOLIDATED RECEIVABLES FACILITIES. The program size of the second facility at December 31, 2019 was $1,200 million. This was previously recorded in Contract and other deferred assets. We determined the fair value of these assets using an income approach. In the fourth quarter of 2020, we performed our annual impairment test. At December 31, 2020, our Additive reporting unit had goodwill of $243 million. Therefore, the balance is included in All other assets. We may decide to contribute additional amounts beyond this level. We pay benefits from company cash. The healthcare trend assumptions apply to our pre-65 retiree medical plans. We are contesting the disallowance. GE 2020 FORM 10-K 94 DERIVATIVES AND HEDGING. Indemnification Agreements – Discontinued Operations. We provide for estimated product warranty expenses when we sell the related products. This case has been stayed pending resolution of the motion to dismiss the Hachem case. In June 2019, the lead plaintiff filed an amended consolidated complaint. In September 2019, GE filed a motion to dismiss the second amended complaint. GE cooperated with the SEC over the course of its investigation. Segment accounting policies are the same as described and referenced in Note 1. See Notes 2 and 3 for further information. Summarized financial information of Baker Hughes is as follows. We encourage you to read the applicable indenture for additional information. The 2027 Notes bear interest from May 28, 2015 at the annual rate of 1.875%. ListingThe Dollar Notes are listed on the NYSE. The Plan is closed to new participants as of January 1, 2020 (the "Closing Date"). Actively-at-Work has the meaning given to that term under the Policy. The Benefit Adjustment Date shall be April 1 of each year.5.2Evidence of Insurability. The amount of the Premium Bonus will equal the annual premium described in Section 7.1. If extended, a decision will be made no more than 180 days af

Summerized Form 10-K with GPT-2 https://www.sec.gov/Archives/edgar/data/40545/000004054521000011/0000040545-21-000011.txt
Candlestick patterns

Candlestick patterns can be used as additional information for price prediction. Following list show which pattern applies on latest price information.

  • Meta analyst score 47.74/100
    • Good financial position.
    • Historical view, profit is growing.
    • Company revenue is not growing faster compared with the industry.
    • Stock price is under book price value.

Institutional ownership list is based on filling form information

Holding name Date Amount
Private Portfolio Partners LLC 2021-03-31 31280
Front Street Capital Management, Inc. 2022-12-31 270486
Private Portfolio Partners LLC 2020-12-31 29988
Private Portfolio Partners LLC 2020-09-30 33662
Private Portfolio Partners LLC 2021-06-30 31037

Fund ownership list is based on filling form information

Fund name Date Amount Profile
Clark Fork Trust 2023-11-30 116925 Long
Clark Fork Trust 2023-05-31 116925 Long
Clark Fork Trust 2023-08-31 116925 Long
UPRIGHT INVESTMENTS TRUST 2022-12-31 125 Long

General Electric holding

CUSIP Symbol Name Title Of Class Value in 1000's Amount
745848101 0 PULMONX CORP COM Common Stock 197304 11843
81948W104 0 SHARECARE INC COM CL A Common Stock 482961 254190
H82027105 0 SOPHIA GENETICS SA ORDINARY SHARES Common Stock 2922222 1111111
745848101 0 PULMONX CORP COM Common Stock 174329 11843
81948W104 0 SHARECARE INC COM CL A Common Stock 401620 254190

Insider trading for General Electric

CIK Name Date Action T-Test 1day T-Test 7day T-Test 14day T-Test 30day
1763642 Strazik Scott 2023-05-10 SALE Accept Accept Accept Accept
1368469 Timko Thomas S 2023-05-01 SALE Accept Accept Accept Accept
1390613 Holston Michael J 2024-02-14 SALE Accept Accept Accept Accept


Bollinger Bollinger Bands for General Electric can provide the information where the market is moving based on price information.


General Electric Short Volume Ratio is shown in the diagram. Short volume sales can be seen as an investor sentiment.



Converting prices to returns General Electric.


On-Balance Volume information for General Electric. On-Balance Volume information can be an indicator for bullish or bearish outcome.



Accumulation / Distribution (A/D) indicator information for General Electric. The indicator identify divergences between price and volume flow.


Aroon Oscillator information for General Electric. The trend-following indicator can show the strengh of a current trend and likelihood that trend can continue.


Average Directional Index (ADX) information for General Electric. The index can be used to identify the strengh of a trend.


Moving Average Convergence Divergence (MACD) for General Electric. The indicator helps to predict trend direction and the momentum of the trend.


Stochastic Oscillator as momentum indicator for General Electric. The indicator is useful for identifying overbought and oversold levels.


Relative Strength Index (RSI) for General Electric. RSI is a momentum oscillator that measures the speed and change of price development. The momentum indicator was created by analyst Welles Wilder. The result compares recent gains and losses over restricted time period. Primary usage of the indicator is to identify overbought or oversold signals. When RSI indicator reaches a value of 70 it could mean that speculators should consider selling, suggests Wilder and Chong. Or vice versa when selling excess at which the RSI Indicators show a value of 30 [ Relative Strength Index for Developing Effective Trading Strategies in Constructing Optimal Portfolio ].


Heikin Ashi trading signals are generated based on the Heikin Ashi candles, which are a type of candlestick that smooths out the price action and can help to identify trends. Heikin Ashi signals can be used to identify both long and short trading opportunities.


The awesome oscillator is a momentum indicator that measures the speed and strength of price movements. It is calculated by subtracting a 34-period simple moving average (SMA) from a 5-period SMA.


The Parabolic SAR indicator is a trend-following indicator that uses a series of dots to indicate when a trend is likely to reverse. The Parabolic SAR is a lagging indicator, meaning that it does not predict reversals, but rather confirms them after they have already occurred.


Moving Average Crossover


52W High 52W Low Market Cap

Similar shares


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General Electric on finviz

Figure below show the stock predictions.
Date Closing price Prediction was updated
2024-05-24 157.83 2024-04-19 12:34
2024-05-22 157.44 2024-04-19 12:34
2024-05-23 157.62 2024-04-19 12:34
2024-05-20 158.06 2024-04-19 12:34
2024-05-21 158.04 2024-04-19 12:34
2024-05-30 158.18 2024-04-19 12:34
2024-06-07 159.34 2024-04-19 12:34
2024-05-27 158.22 2024-04-19 12:34
2024-05-28 158.59 2024-04-19 12:34
2024-05-29 158.18 2024-04-19 12:34
2024-06-05 158.82 2024-04-19 12:34
2024-06-03 158.94 2024-04-19 12:34
2024-06-04 158.69 2024-04-19 12:34
2024-05-31 158.81 2024-04-19 12:34
2024-06-06 159.14 2024-04-19 12:34
2024-06-10 159.41 2024-04-19 12:34
2024-06-11 159.32 2024-04-19 12:34
2024-06-12 159.47 2024-04-19 12:34
2024-06-13 159.82 2024-04-19 12:34
2024-06-14 159.94 2024-04-19 12:34
2024-05-03 155.93 2024-04-19 12:34
2024-05-13 157.37 2024-04-19 12:34
2024-05-14 157.61 2024-04-19 12:34
2024-04-22 150.64 2024-04-19 12:34
2024-04-23 152.35 2024-04-19 12:34
2024-05-15 157.32 2024-04-19 12:34
2024-04-25 158.19 2024-04-19 12:34
2024-04-24 157.64 2024-04-19 12:34
2024-04-26 154.09 2024-04-19 12:34
2024-05-16 156.63 2024-04-19 12:34
2024-05-02 157.29 2024-04-19 12:34
2024-05-06 155.08 2024-04-19 12:34
2024-05-07 156.52 2024-04-19 12:34
2024-05-08 157.07 2024-04-19 12:34
2024-05-09 155.98 2024-04-19 12:34
2024-04-29 154.98 2024-04-19 12:34
2024-04-30 156.06 2024-04-19 12:34
2024-05-01 156.16 2024-04-19 12:34
2024-05-17 156.96 2024-04-19 12:34
2024-05-10 156.17 2024-04-19 12:34

The forecast (dashed curve) of the share price performance is based on historical data. Our forecast model is based on mathematical, statistical methods. The website offers price forecasts and analysis tools for equities and other securities, which are exclusively based on the prices of these securities in the past. Information about these prices is provided to us by third parties. Although we believe, If we believe that our sources are reliable, we cannot guarantee the accuracy, completeness, timeliness and correct sequencing of this information. We do not investigate the issuers of the securities to which our forecasts relate, nor do we consider any financial data or other data of such issuers with the exception of the past prices of the securities. Therefore, our forecasts do not constitute an analysis of other commercial or financial factors or circumstances, that may be relevant for future security price flows. Investments require additional considerations. Our forecasts cannot reflect the specific situation. Experience and risk profile of an individual investor or the tax implications an investment may have for the investor. Although we believe that our mathematical models are a tool to try to explore the possibility for future price development with the help of past performance, such developments are subject to a multitude of different influences. and therefore not really predictable. We cannot guarantee the success of any investment you make based on the information published here. This website is for information purposes only. All information and data on this website cannot be guaranteed to be accurate, accuracy, completeness and appropriateness - neither explicit nor implicit.