GODADDY INC - CLASS A (GDDY) Stock Technical Analysis
USA - NYSE:GDDY - US3802371076 - Common Stock
Taking everything into account, GDDY scores 0 out of 10 in our technical rating. GDDY scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Although the technical rating is bad, GDDY does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 131.25. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 130.56, a Stop Loss order could be placed below this zone.
More info and screens
126.71
When analyzing the support we notice one important area.
- A support zone ranging from 127.99 to 131.25. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 133.22 to 134.72. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 148.31 to 148.89. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @155.78 from a trend line in the weekly time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for GDDY is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for GDDY is down. |
| ChartMill Relative Strength | 12.32 | NEGATIVE | GDDY has a low relative strength, it was outperformed by 87.68% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of GDDY is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of GDDY is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of GDDY is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 38.74 | NEUTRAL | The RSI value for GDDY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.44 | POSITIVE | The MACD value suggests GDDY has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 36.05 | NEUTRAL | The Stochastics value for GDDY is a neutral value. |
| Average True Range in percent/ATR (20) | 2.7 | MEDIUM VOLATILITY | The ATR as a percentage value for GDDY suggests some volalility. |
| Average Directional Index/ADX (14) | 28.74 | POSITIVE | The high ADX value value for GDDY suggests a strong trend. |
131.88
+0.94 (+0.72%)
GODADDY INC - CLASS A / GDDY FAQ
What is the technical rating for GDDY stock?
ChartMill assigns a technical rating of 0 / 10 to GDDY.
What is the current trend direction of GODADDY INC - CLASS A (GDDY) stock?
The current trend direction for GODADDY INC - CLASS A (GDDY) is Bearish.
What is the RSI signal for GODADDY INC - CLASS A (GDDY) stock?
GODADDY INC - CLASS A (GDDY) has an RSI value of 38.7388. This indicates that the stock is currently neutral.
What is the buy/sell signal for GDDY stock?
The buy/sell signal for GODADDY INC - CLASS A (GDDY) is sell as both the short term and long term trends are negative.
What are the support and resistance levels for GODADDY INC - CLASS A (GDDY) stock?
GODADDY INC - CLASS A (GDDY) has a support level at 130.56 and a resistance level at 131.25. Check the full technical report for our detailed analysis of GDDY support and resistance levels.