Technical Analysis: Based on recent price action, GE stock has shown strong bullish momentum, with the price rising from $118.02 to $121.77 over the past week. The stock is trading above its key moving averages, indicating a positive trend.
News Sentiment Analysis:
Price Prediction for Next Week: Based on technical indicators and positive news sentiment:
The stock is likely to continue its upward momentum next week for several reasons:
Trading Recommendation: BUY
The positive momentum in GE's aerospace business and strong technical setup suggest further upside potential in the near term. The risk-reward ratio remains favorable for a long position.
The price of GE is predicted to go up 5.42%, based on the high correlation periods with TREE. The similarity of these two price pattern on the periods is 98.6%.
GE
TREE
Year
GE Price Forecast($)
Potential Return(%)
2025
185.000
7.580
2026
250.000
22.810
2027
280.000
37.540
2028
280.000
37.540
2029
320.000
57.190
2030
0.000
0.000
Bears vastly underestimate the incremental profits GE will make from operating leverage as commercial aerospace fully recovers and its Leap engine aftermarket program enters its profitable phase.
The Leap engine is installed on a growing majority of the popular Airbus A320neo family, compounding GE's prospects for decades of profitable service revenue from its large installed fleet of engines.
Even the fleet of older engines like the GE90, which went into service in 1995 and powers about half of Boeing 777s, has yet to see most of its shop visits to GE.
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