GOODRX HOLDINGS INC-CLASS A (GDRX) Technical Analysis
NASDAQ:GDRX • US38246G1085
Current stock price
GDRX Technical Rating and Analysis
Taking everything into account, GDRX scores 0 out of 10 in our technical rating. 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.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 93% of all other stocks performed better in the past year than GDRX.
- GDRX is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so GDRX is lagging the market.
- GDRX has an average volume of 3360070 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- GDRX is part of the Health Care Technology industry. There are 35 other stocks in this industry, GDRX did better than 47% of them.
- In the last month GDRX has a been trading in the 1.77 - 2.49 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Considerably lower volume is observed in the last couple of days.
GDRX Weekly and Daily overview Charts
GDRX Setup Rating and Analysis
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
GDRX Support and Resistance Analysis
2.01
When analyzing the resistance we notice 5 important areas.
- A resistance zone ranging from 2.21 to 2.24. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 2.29 to 2.31. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 2.41 to 2.44. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @2.86 from a trend line in the weekly time frame.
- A resistance zone ranging from 5.04 to 5.07. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | DOWN | NEGATIVE | The short term trend for GDRX is down. |
| ChartMill Relative Strength | 7.71 | NEGATIVE | GDRX has a low relative strength, it was outperformed by 92.29% 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) | 39.96 | 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. |
| Stochastics (14,3) | 37.96 | NEUTRAL | The Stochastics value for GDRX is a neutral value. |
| Average True Range in percent/ATR (20) | 8.53 | HIGH VOLATILITY | The high ATR as a percentage value for GDRX suggests high volalility. |
| Average Directional Index/ADX (14) | 10.18 | 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
2.03
-0.12 (-5.58%)
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 0 / 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 GDRX stock?
GOODRX HOLDINGS INC-CLASS A (GDRX) has an RSI value of 39.9582. This indicates that the stock is currently neutral.
Can you provide the MACD signal for GOODRX HOLDINGS INC-CLASS A?
The MACD indicator for GOODRX HOLDINGS INC-CLASS A (GDRX) has a value of -0.00695383, indicating a bearish trend.
What is the buy/sell signal for GDRX stock?
The buy/sell signal for GOODRX HOLDINGS INC-CLASS A (GDRX) is sell as both the short term and long term trends are negative.