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Market Overview
General Electric (GE) closed at 298.75 on January 29, 2026, reflecting a 0.32% increase from the previous close of 297.79 and continuing its uptrend. Over the past 30 days, the stock has shown modest gains with a 0.49% return, trading between 290.33 and 298.97. The forecast remains cautiously optimistic as GE approaches resistance near 299-300, supported by strong fundamentals and steady momentum. Technical indicators show the 20-day SMA at 294.79, 50-day SMA near 297.82, and 200-day SMA not specified; the RSI suggests moderate strength. Nearest support is around 293.5, with resistance near 299. No major upcoming events are noted to impact price action imminently. For information only.
Last Updated 1/30/26

Sam Bourgi is an analyst, writer and financial market commentator featured in and cited by U.S. Congress, Department of Justice, Chicago Board Options Exchange, Barron's and Forbes. He covers stocks, bonds, mutual funds, ETFs, forex, Bitcoin, cryptocurrency, real estate and macroeconomics. He has written over 25,000 articles and over 40 whitepapers and e-books.