9.59 USD
-0.16 (-1.64%)
9.57 USD
-0.02 (-0.21%)
Taking everything into account, GO scores 0 out of 10 in our technical rating. GO scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, GO is a bad performer in the overall market: 93% of all stocks are doing better.
- GO is part of the Consumer Staples Distribution & Retail industry. There are 38 other stocks in this industry, of which 81% are performing better than GO.
- GO is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- GO is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
- GO has an average volume of 2697310 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Although the technical rating is bad, GO does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
9.49
17.49
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 9.76 to 9.84. 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 10.59 to 10.62. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @15.71 from a trend line in the weekly time frame.
- Resistance @17.32 from a trend line in the weekly 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 GO is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for GO is down. |
| ChartMill Relative Strength | 7.63 | NEGATIVE | GO has a low relative strength, it was outperformed by 92.37% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of GO is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of GO is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of GO is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 38.22 | NEUTRAL | The RSI value for GO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests GO has a positive trend. |
| Stochastics (14,3) | 42.17 | NEUTRAL | The Stochastics value for GO is a neutral value. |
| Average True Range in percent/ATR (20) | 4.11 | MEDIUM VOLATILITY | The ATR as a percentage value for GO suggests some volalility. |
| Average Directional Index/ADX (14) | 38.56 | POSITIVE | The high ADX value value for GO suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
9.59
-0.16 (-1.64%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryConsumer Staples Distribution & Retail
Performance
% Chg-1.64%
1 Week0.42%
2 Weeks-5.7%
1 Month-6.62%
3 Month-37.57%
6 Month-30.36%
12 Month-39.87%
2 Year-61.3%
3 Year-68.44%
5 Year-77.54%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.44
ATR(20)%4.11%
ATR Inc-11.13%
Range Today0.21
ADR(20)0.39
ADR(20)%4.09%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS7.63
3 months CRS7.16
6 months CRS10.78
Mansfield-3.9
10 Day High10.26
10 Day Low8.96
20 Day High10.53
20 Day Low8.96
52 Week High19.41
52 Week Low8.96
CS1 EndN/A
CR1 Start9.76
Volume & EV
DER(3)-2.06%
DER(5)-0.94%
Volume1.80M
Volume Incr-28.9%
Vol(5)2.02M
Vol(50)2.70M
GROCERY OUTLET HOLDING CORP / GO FAQ
Can you provide the ChartMill technical rating for GROCERY OUTLET HOLDING CORP?
ChartMill assigns a technical rating of 0 / 10 to GO.
Can you provide the trend direction for GROCERY OUTLET HOLDING CORP?
The current trend direction for GROCERY OUTLET HOLDING CORP (GO) is Bearish.
Can you provide the RSI signal for GROCERY OUTLET HOLDING CORP?
GROCERY OUTLET HOLDING CORP (GO) has an RSI value of 38.2181. This indicates that the stock is currently neutral.
What is the short term momentum for GROCERY OUTLET HOLDING CORP (GO) stock?
The short term momentum for GROCERY OUTLET HOLDING CORP (GO) is negative.
What is the buy/sell signal for GO stock?
The buy/sell signal for GROCERY OUTLET HOLDING CORP (GO) is sell as both the short term and long term trends are negative.