GROUP 1 AUTOMOTIVE INC (GPI)

US3989051095 - Common Stock

310.98  +3.25 (+1.06%)

After market: 310.98 0 (0%)

Technical Rating and Analysis

10

We assign a technical rating of 10 out of 10 to GPI. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, GPI is showing a nice and steady performance.

The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, GPI did better than 86% of all other stocks. On top of that, GPI also shows a nice and consistent pattern of rising prices.
GPI is one of the better performing stocks in the Specialty Retail industry, it outperforms 77% of 125 stocks in the same industry.
GPI is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so GPI is lagging the market slightly.
GPI is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Weekly and Daily overview Charts
GPI Weekly chart
GPI Daily chart
Setup Rating and Analysis

8

GPI has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 309.01, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.

  • A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
Support and Resistance Analysis

261.06

314.09

4 important support areas can be observed.

  • A support zone ranging from 304.16 to 309.01. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A support zone ranging from 290.67 to 293.50. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 270.67 to 274.62. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A support zone ranging from 263.70 to 265.52. This zone is formed by a combination of multiple trend lines in multiple time frames.

Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS86.95
Mansfield0.17
10 Day High318.25
10 Day Low302.9
20 Day High323.95
20 Day Low293.12
52 Week High323.95
52 Week Low222.08
Performance
1 Week2.24%
2 Weeks-2.2%
1 Month6.31%
3 Month14.23%
6 Month6.8%
12 Month33.11%
2 Year73.16%
3 Year95%
5 Year330.78%
10 Year286.31%
15 Year1352.5%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-1.43
RSI(14)58.72
LBB300.8
UBB322.73
Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
318.26304.1514.11 (4.43%)22.56%
An entry @318.26. This is a Buy Stop order right above the 10 day high.An exit @304.15. This is a Stop Loss order right below the support zone.The worst case loss on the trade is limited to 14.11 points, which is 4.43%.For a 1.00% total portfolio risk, you can invest 22.56% of your capital in this trade.

  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
GPI Daily chart

GROUP 1 AUTOMOTIVE INC

NYSE:GPI (5/31/2024, 7:04:00 PM)

After market: 310.98 0 (0%)

310.98

+3.25 (+1.06%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustrySpecialty Retail
Performance
% Chg1.06%
1 Week2.24%
2 Weeks-2.2%
1 Month6.31%
3 Month14.23%
6 Month6.8%
12 Month33.11%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)6.42
ATR(20)%2.08%
ATR Inc
Range Today3.69
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High318.25
10 Day Low302.9
20 Day High323.95
20 Day Low293.12
52 Week High323.95
52 Week Low222.08
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume122.80K
Volume Incr12.73%
Vol(5)135.32K
Vol(50)136.23K