GE Aerospace: 8th week of the buy signal
GE Aerospace rebounds 1.4%, working back up against its all-time highs
GE Aerospace: 8th week of the buy signal
Our view last week
GE Aerospace shares slip 2.9% this week, repeating the pattern from seven days ago: a fresh double bottom in the 318 area, already drawing an early bounce. Contracting volume and a weak last candle show less conviction, yet the weekly structure stays bullish - IQS at 54, signal strength medium. This week's technical read confirms the buy signal in its seventh week, stop already at breakeven.
This week's summary
GE Aerospace shares recover 1.4% this week, confirming the double bottom in the 332 area flagged seven days ago: the intermediate rebound now stands at 17%. Our weekly technical analysis flags two cracks though - contracting volume and a weak last candle - just as the price works right up against its all-time highs, already tested multiple times. The buy signal is in its 8th week, stop already at breakeven.
IQS Phase
52
ordinary
Signal Strength
55
medium
Sizing
STANDARD
Ranking
#61 / 124
US stocks in progress
Trade P&L %
+9.26%
from signal to today
Rank position
ranks 61st among the 124 Longs already running for US stocks in our ranking, with a signal strength of 55 out of 100.
Sector context
SectorGrowth Tech
Benchmark ETFXLK
Sector regimeweak phase
Performanceweekly +0.17% · monthly -3.92%
GE belongs to the growth tech sector (reference ETF XLK). The sector is classified weak phase according to our weekly reading.
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