GREEN DOT CORP-CLASS A (GDOT) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:GDOT - US39304D1028 - Common Stock
Taking everything into account, GDOT scores 5 out of 10 in our technical rating. Although GDOT is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- In the last month GDOT has a been trading in the 11.95 - 13.28 range, which is quite wide. It is currently trading near the lows of this range.
- Looking at the yearly performance, GDOT did better than 80% of all other stocks. We also observe that the gains produced by GDOT over the past year are nicely spread over this period.
- GDOT is one of the better performing stocks in the Consumer Finance industry, it outperforms 83% of 54 stocks in the same industry.
- The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
- GDOT is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so GDOT is lagging the market.
GDOT has an average technical rating and it also does not offer a high quality setup 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.
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10.72
3 important support areas can be observed.
- Support @11.97 from a trend line in the weekly time frame.
- Support @11.29 from a trend line in the daily time frame.
- Support @10.83 from a horizontal line in the weekly time frame.
4 important resistance areas can be observed.
- A resistance zone ranging from 12.39 to 12.46. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 12.69 to 12.87. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @13.32 from a horizontal line in the weekly time frame.
- Resistance @13.59 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 | NEUTRAL | NEUTRAL | The long term trend for GDOT is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for GDOT is down. |
| ChartMill Relative Strength | 80.41 | POSITIVE | GDOT has a high relative strength, it outperformed 80.41% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of GDOT is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of GDOT is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of GDOT is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 36.43 | NEUTRAL | The RSI value for GDOT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.1 | NEGATIVE | The MACD value suggests GDOT has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 8.74 | OVERSOLD | The low Stochastics value suggests GDOT may be oversold. |
| Average True Range in percent/ATR (20) | 2.06 | MEDIUM VOLATILITY | The ATR as a percentage value for GDOT suggests some volalility. |
| Average Directional Index/ADX (14) | 19.6 | NEGATIVE | The low ADX value for GDOT suggests a weak or negative trend. |
12.1
+0.02 (+0.17%)
GREEN DOT CORP-CLASS A / GDOT FAQ
What is the ChartMill technical rating of GREEN DOT CORP-CLASS A (GDOT) stock?
ChartMill assigns a technical rating of 5 / 10 to GDOT.
What is the trend direction for GDOT stock?
The current trend direction for GREEN DOT CORP-CLASS A (GDOT) is Bearish.
What is the RSI signal for GDOT stock?
GREEN DOT CORP-CLASS A (GDOT) has an RSI value of 36.4289. This indicates that the stock is currently neutral.
What is the MACD signal for GREEN DOT CORP-CLASS A (GDOT) stock?
The MACD indicator for GREEN DOT CORP-CLASS A (GDOT) has a value of -0.103183, indicating a bearish trend.
What is the short term momentum for GDOT stock?
The short term momentum for GREEN DOT CORP-CLASS A (GDOT) is negative.