GOODRX HOLDINGS INC-CLASS A (GDRX) Technical Analysis
NASDAQ:GDRX • US38246G1085
Current stock price
GDRX Technical Rating and Analysis
Overall GDRX gets a technical rating of 2 out of 10. In the past year, GDRX was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
- 91% of all other stocks performed better in the past year than GDRX.
- GDRX is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- In the last month GDRX has a been trading in the 1.90 - 2.42 range, which is quite wide. It is currently trading near the high of this range.
- GDRX has an average volume of 2609120 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- GDRX is an average performer in the Health Care Technology industry, it outperforms 47% of 35 stocks in the same industry.
- Considerably lower volume is observed in the last couple of days.
GDRX Weekly and Daily overview Charts
GDRX Setup Rating and Analysis
GDRX 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
GDRX Support and Resistance Analysis
1.85
We found 2 important support areas.
- A support zone ranging from 2.25 to 2.30. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @1.87 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 5 important areas.
- Resistance @2.32 from a horizontal line in the weekly time frame.
- Resistance @2.38 from a horizontal line in the daily time frame.
- Resistance @2.44 from a horizontal line in the daily time frame.
- Resistance @2.51 from a trend line in the weekly time frame.
- Resistance @5.04 from a horizontal line in the weekly time frame.
GDRX Technical Indicator Signal Analysis
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 GDRX is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for GDRX is up. |
| ChartMill Relative Strength | 9.59 | NEGATIVE | GDRX has a low relative strength, it was outperformed by 90.41% 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 | NEGATIVE | The current price of GDRX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 57.14 | NEUTRAL | The RSI value for GDRX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests GDRX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 82.84 | OVERBOUGHT | The high Stochastics value suggests GDRX may be overbought. |
| Average True Range in percent/ATR (20) | 4.21 | MEDIUM VOLATILITY | The ATR as a percentage value for GDRX suggests some volalility. |
| Average Directional Index/ADX (14) | 12.19 | NEGATIVE | The low ADX value for GDRX suggests a weak or negative trend. |
GDRX Chart- and CandleStick Pattern Analysis
GDRX Technicals: Chart, Performance Metrics, Trend & Indicators
2.31
-0.06 (-2.53%)
GOODRX HOLDINGS INC-CLASS A / GDRX TA FAQ
Can you provide the ChartMill technical rating for GOODRX HOLDINGS INC-CLASS A?
ChartMill assigns a technical rating of 2 / 10 to GDRX.
What is the trend direction for GDRX stock?
The current trend direction for GOODRX HOLDINGS INC-CLASS A (GDRX) is Bearish.
What is the RSI signal for GOODRX HOLDINGS INC-CLASS A (GDRX) stock?
GOODRX HOLDINGS INC-CLASS A (GDRX) has an RSI value of 57.1425. This indicates that the stock is currently neutral.
Can you provide the short term momentum for GOODRX HOLDINGS INC-CLASS A?
The short term momentum for GOODRX HOLDINGS INC-CLASS A (GDRX) is positive.
What is the buy/sell signal for GDRX stock?
The buy/sell signal for GOODRX HOLDINGS INC-CLASS A (GDRX) is hold as the short term and long term trends are mixed.