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.
- 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 making a new 52 week low. This is a very bad signal. GDRX is lagging the S&P500 Index which is trading in the middle of its 52 week range.
- In the last month GDRX has a been trading in the 2.24 - 2.96 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
- GDRX has an average volume of 2118110 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- GDRX is an average performer in the Health Care Technology industry, it outperforms 44% of 35 stocks in the same industry.
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
2.26
3 important resistance areas can be observed.
- Resistance @3.28 from a trend line in the weekly time frame.
- Resistance @3.68 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.
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 | 7.3 | NEGATIVE | GDRX has a low relative strength, it was outperformed by 92.7% 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) | 26.85 | OVERSOLD | The low RSI value suggests GDRX may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests GDRX has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 10.28 | OVERSOLD | The low Stochastics value suggests GDRX may be oversold. |
| Average True Range in percent/ATR (20) | 5.33 | HIGH VOLATILITY | The high ATR as a percentage value for GDRX suggests high volalility. |
| Average Directional Index/ADX (14) | 27.12 | POSITIVE | The high ADX value value for GDRX suggests a strong trend. |
2.28
+0.01 (+0.44%)
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.
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 26.853. This indicates that the stock is currently oversold.
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 -0.0365209, 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.