We assign a technical rating of 0 out of 10 to GDRX. GDRX'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 technical rating of GDRX is bad and it also does not present a 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.
More info and screens
2.74
5 important resistance areas can be observed.
- Resistance @3.97 from a trend line in the weekly time frame.
- Resistance @4.15 from a trend line in the weekly time frame.
- Resistance @4.65 from a horizontal line in the daily time frame.
- A resistance zone ranging from 4.98 to 5.04. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Strong resistance @5.13 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 GDRX is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for GDRX is down. |
| ChartMill Relative Strength | 7.97 | NEGATIVE | GDRX has a low relative strength, it was outperformed by 92.03% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of GDRX is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of GDRX is below 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) | 30.14 | NEUTRAL | The RSI value for GDRX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests GDRX has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 10.23 | OVERSOLD | The low Stochastics value suggests GDRX may be oversold. |
| Average True Range in percent/ATR (20) | 5.74 | HIGH VOLATILITY | The high ATR as a percentage value for GDRX suggests high volalility. |
| Average Directional Index/ADX (14) | 22.48 | NEUTRAL | The ADX value for GDRX suggests a possible start of a new trend. |
2.77
+0.06 (+2.21%)
GOODRX HOLDINGS INC-CLASS A / GDRX FAQ
Can you provide the ChartMill technical rating for GOODRX HOLDINGS INC-CLASS A?
ChartMill assigns a technical rating of 0 / 10 to GDRX.
Can you provide the trend direction for GOODRX HOLDINGS INC-CLASS A?
The current trend direction for GOODRX HOLDINGS INC-CLASS A (GDRX) is Bearish.
What is the RSI signal for GDRX stock?
GOODRX HOLDINGS INC-CLASS A (GDRX) has an RSI value of 30.1429. 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 negative.
What is the support and resistance level for GDRX stock?
GOODRX HOLDINGS INC-CLASS A (GDRX) has a resistance level at 3.97. Check the full technical report for our detailed analysis of GDRX support and resistance levels.