Taking everything into account, GDRX scores 1 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.
Although the technical rating is bad, GDRX does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 2.70, a Stop Loss order could be placed below this zone.
More info and screens
2.65
When analyzing the support we notice one important area.
- A support zone ranging from 2.68 to 2.70. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 4 important resistance areas.
- A resistance zone ranging from 2.89 to 2.91. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @3.55 from a trend line in the weekly time frame.
- Resistance @3.87 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 | NEUTRAL | NEUTRAL | The short term trend for GDRX is neutral. |
| ChartMill Relative Strength | 8.11 | NEGATIVE | GDRX has a low relative strength, it was outperformed by 91.89% 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 | 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) | 47.65 | NEUTRAL | The RSI value for GDRX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests GDRX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 70.67 | NEUTRAL | The Stochastics value for GDRX is a neutral value. |
| Average True Range in percent/ATR (20) | 3.32 | MEDIUM VOLATILITY | The ATR as a percentage value for GDRX suggests some volalility. |
| Average Directional Index/ADX (14) | 13.2 | NEGATIVE | The low ADX value for GDRX suggests a weak or negative trend. |
2.79
-0.06 (-2.11%)
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 1 / 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 47.6542. 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 0.0300386, indicating a bearish trend.