GE Healthcare Technologies Inc

GEHC remains in a bearish medium-term posture after decisively breaking its horizontal support with heavy volume and trading below all major EMAs. EMAs are sloping down and acting as resistance, and despite deeply oversold RSI, there is no exhaustion signal. A relief rally into the 9-, 20-, and 50-period EMAs should offer the optimal zone for entering short exposure. Continued downside acceleration is the higher-probability scenario unless EMAs are reclaimed with conviction.

• ↑Organic orders rose 11.1% YoY, driving record $23.9B backlog
• ↑Q2 adjusted EPS climbed 6.6% to $1.13, aided by tariff refunds
• ↓Patient Care Solutions saw organic revenue drop 13.5%, hampering segment results