Watch These GE Aerospace Price Levels as Stock Surges After Strong Earnings



Key Takeaways

  • GE Aerospace shares jumped Thursday after the company reported better-than-expected fourth-quarter results and issued an upbeat revenue outlook.
  • The stock last week broke out from a flag, a chart pattern that signals a continuation of the move higher.
  • Bars pattern analysis projects a price target of around $335 and indicates the current uptrend may continue until December this year.
  • Investors should watch key support levels on GE Aerospace’s chart around $170 and $150.

GE Aerospace (GE) shares are likely to remain in focus after surging Thursday following better-than-expected fourth quarter results and an upbeat revenue outlook from the company.

The company, which generates the lion’s share of its revenue from its commercial engines and services and defense and propulsion units, said that it anticipates low-double-digit adjusted revenue growth for 2025, after a 10% increase last year amid robust demand in those two important segments.

GE Aerospace shares rose 6.6% to close Thursday at $200.80. The stock has gained 20% so far in 2025 an is up nearly 50% since the company’s separation from GE Vernova (GEV) in April last year.

Below, we break down the technicals on GE Aerospace’s weekly chart and point out key price levels that investors may be watching.

Flag Breakout Signals Uptrend Continuation

Since reclaiming the 200-week moving average in late 2022, GE Aerospace shares have remained in a strong uptrend. 

More recently, the price last week broke out from a flag, a chart pattern that signals a continuation of the move higher.

Although share turnover remains below longer-term averages, trading volume over the past two weeks has recorded its highest level since mid-December, indicating conviction behind recent buying in the stock.

Let’s turn to technical analysis to provide clues as to how a bullish continuation move may play out and also identify key support levels to eye during potential retracements.

Bars Pattern Analysis

Investors can use the bars pattern tool to project where the stock’s long-term uptrend may be headed next. To apply the technique, we extract the strong 12-month trending period from October 2023 to October last year and overlay it from last month’s low.

The analysis projects a bullish target of around $335 and indicates the trend may continue until December this year if price history rhymes. We selected this earlier trend as it immediately followed a prior flag pattern on the chart, similar to how the current move higher has started.

It’s worth pointing out that such a move would complete a basic Elliot Wave pattern, with five distinct swings playing out.

Key Support Levels to Watch

During retracements, investors should initially watch the $170 level. The shares could find support in this area near the rising 50-week moving average and initial breakout point, which also closely aligns with the stock’s May 2024 peak.

Finally, a close below this level could see GE Aerospace shares fall to around $150, a location where they may attract buying interest near the April 2024 pullback low and last year’s early-August sell-off trough.

The comments, opinions, and analyses expressed on Investopedia are for informational purposes only. Read our warranty and liability disclaimer for more info.

As of the date this article was written, the author does not own any of the above securities.



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