GOODRX HOLDINGS INC-CLASS A (GDRX) Stock Technical Analysis
USA - NASDAQ:GDRX - US38246G1085 - Common Stock
4.53 USD
+0.04 (+0.78%)
4.55 USD
+0.02 (+0.44%)
Overall GDRX gets a technical rating of 4 out of 10. GDRX has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
When comparing the yearly performance of all stocks, GDRX is a bad performer in the overall market: 90% of all stocks are doing better.
GDRX is one of the lesser performing stocks in the Health Care Technology industry. 61% of 35 stocks in the same industry do better.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
GDRX has an average volume of 4256250 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
GDRX is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so GDRX is lagging the market.
In the last month GDRX has a been trading in the 3.85 - 5.39 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
GDRX has an average technical rating and also the quality of the setup is only medium 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
3.88
5.18
When analyzing the support we can see 3 important areas.
- A support zone ranging from 4.21 to 4.28. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 4.01 to 4.03. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @3.92 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 5.01 to 5.04. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- A resistance zone ranging from 5.13 to 5.13. This zone is formed by a combination of multiple trend lines 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 GDRX is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for GDRX is up. |
| ChartMill Relative Strength | 10.92 | NEGATIVE | GDRX has a low relative strength, it was outperformed by 89.08% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of GDRX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of GDRX is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of GDRX is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 55.44 | NEUTRAL | The RSI value for GDRX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests GDRX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 54.22 | NEUTRAL | The Stochastics value for GDRX is a neutral value. |
| Average True Range in percent/ATR (20) | 5.51 | HIGH VOLATILITY | The high ATR as a percentage value for GDRX suggests high volalility. |
| Average Directional Index/ADX (14) | 20.63 | NEUTRAL | The ADX value for GDRX suggests a possible start of a new trend. |
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)
4.53
+0.04 (+0.78%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Technology
Performance
% Chg0.78%
1 Week12.13%
2 Weeks9.69%
1 Month13.25%
3 Month-3.82%
6 Month9.95%
12 Month-36.11%
2 Year-8.11%
3 Year-15.64%
5 Year-90.64%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.3
ATR(20)%5.51%
ATR Inc62.74%
Range Today0.26
ADR(20)0.24
ADR(20)%5.38%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS10.92
Mansfield-1.32
10 Day High5.39
10 Day Low3.85
20 Day High5.39
20 Day Low3.85
52 Week High7.21
52 Week Low3.31
CS1 End4.28
CR1 Start5.01
Volume & EV
DER(3)3.17%
DER(5)4.43%
Volume4.41M
Volume Incr273.49%
Vol(5)8.51M
Vol(50)4.26M