GODADDY INC - CLASS A (GDDY) Stock Technical Analysis
NYSE:GDDY • US3802371076
Taking everything into account, GDDY scores 0 out of 10 in our technical rating. GDDY's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, GDDY is a bad performer in the overall market: 92% of all stocks are doing better.
- GDDY is one of the lesser performing stocks in the IT Services industry. 70% of 87 stocks in the same industry do better.
- GDDY is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- GDDY is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
- GDDY has an average volume of 1654990 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
GDDY has a poor technical rating and the quality of the setup is also not perfect at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
89.73
4 important resistance areas can be observed.
- Resistance @98.07 from a horizontal line in the daily time frame.
- A resistance zone ranging from 108.53 to 110.00. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @113.81 from a trend line in the daily time frame.
- Resistance @132.72 from a horizontal line in the daily 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 | 8.19 | NEGATIVE | GDDY has a low relative strength, it was outperformed by 91.81% 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) | 32.55 | NEUTRAL | The RSI value for GDDY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.17 | POSITIVE | The MACD value suggests GDDY has a positive trend. |
| Stochastics (14,3) | 18.92 | OVERSOLD | The low Stochastics value suggests GDDY may be oversold. |
| Average True Range in percent/ATR (20) | 3.89 | MEDIUM VOLATILITY | The ATR as a percentage value for GDDY suggests some volalility. |
| Average Directional Index/ADX (14) | 66.73 | POSITIVE | The high ADX value value for GDDY suggests a strong trend. |
90.64
+1.97 (+2.22%)
GODADDY INC - CLASS A / GDDY FAQ
What is the technical rating for GDDY stock?
ChartMill assigns a technical rating of 0 / 10 to GDDY.
Can you provide the trend direction for GODADDY INC - CLASS A?
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 32.5478. This indicates that the stock is currently neutral.
What is the short term momentum for GDDY stock?
The short term momentum for GODADDY INC - CLASS A (GDDY) is negative.
What are the support and resistance levels for GODADDY INC - CLASS A (GDDY) stock?
GODADDY INC - CLASS A (GDDY) has a resistance level at 98.07. Check the full technical report for our detailed analysis of GDDY support and resistance levels.