3 Very Popular Stocks - AAPL, GOOG, GE
Today I used Barchart to find the technical signals on 3 of the most popular stocks; Apple (NASDAQ:AAPL), Google (NASDAQ:GOOG) and General Electric (NYSE:GE) for my Van Meerten Stock Picks blog:
Apple (AAPL)
Barchart technical indicators:
- 48% technical sell signals
- Trend Spotter hold signal
- Below its 20 day moving average buy above its 50 and 100 day moving average
- 3.21% off its recent high
- Relative Strength Index 51.08%
- Barchart computes a technical support level at 100.65
- Recenlty traded at 100.64 with a 50 day moving average of 99.65
Google (GOOG)
Barchart technical indicators:
- 72% Barchart technical sell signals
- Trend Spotter sell signal
- Below its 20, 50 and 100 day moving averages
- 10.93% off its recent high
- Relative Strength Index 31.12%
- Recently traded at 538.74 which is below its 50 day moving average of 575.41
General Electric (GE)
Barchart technical indicators:
- 100% Barchart technical sell signal
- Trend Spotter sell signal
- Below its 20, 50 and 100 day moving averages
- 13.74% off its recent high
- Relative Strength Index 30.42%
- Recently traded at 24.23 which is below its 50 day moving average of 30.42
Disclosure: None
Interesting analysis. I have actually been accumulating GE; waiting for them to release earnings on Friday before taking a sizable position however. I know they are approaching the 52 week low, but I feel it will bounce and it is certainly reasonable that they approach $30 in the next 52 weeks.