GPGI INC (GPGI) Technical Analysis
NYSE:GPGI • US20459V1052
Current stock price
GPGI Technical Rating and Analysis
Overall GPGI gets a technical rating of 1 out of 10. GPGI performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
- 100% of all other stocks performed better in the past year than GPGI.
- GPGI is one of the lesser performing stocks in the Technology Hardware, Storage & Peripherals industry. 91% of 37 stocks in the same industry do better.
- In the last month GPGI has a been trading in the 15.48 - 17.60 range, which is quite wide. It is currently trading near the lows of this range.
- GPGI has an average volume of 4467520 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
GPGI Weekly and Daily overview Charts
GPGI Setup Rating and Analysis
Although the technical rating is bad, GPGI does present a nice setup opportunity. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 16.05, a Stop Loss order could be placed below this zone.
More info and screens
GPGI Support and Resistance Analysis
15.89
When analyzing the support we notice one important area.
- A support zone ranging from 16.05 to 16.05. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- Resistance @16.09 from a trend line in the daily time frame.
- A resistance zone ranging from 16.47 to 16.70. 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 17.12 to 17.37. This zone is formed by a combination of multiple trend lines in multiple time frames.
GPGI 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 | UP | POSITIVE | The long term trend for GPGI is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for GPGI is down. |
| ChartMill Relative Strength | 0 | NEGATIVE | GPGI has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of GPGI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of GPGI is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 39.32 | NEUTRAL | The RSI value for GPGI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests GPGI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 34.6 | NEUTRAL | The Stochastics value for GPGI is a neutral value. |
| Average True Range in percent/ATR (20) | 5.68 | HIGH VOLATILITY | The high ATR as a percentage value for GPGI suggests high volalility. |
| Average Directional Index/ADX (14) | 35.2 | POSITIVE | The high ADX value value for GPGI suggests a strong trend. |
GPGI Chart- and CandleStick Pattern Analysis
GPGI Technicals: Chart, Performance Metrics, Trend & Indicators
16.06
-0.3 (-1.83%)
GPGI INC / GPGI TA FAQ
Can you provide the ChartMill technical rating for GPGI INC?
ChartMill assigns a technical rating of 1 / 10 to GPGI.
What is the trend direction for GPGI stock?
The current trend direction for GPGI INC (GPGI) is Bullish.
Can you provide the RSI signal for GPGI INC?
GPGI INC (GPGI) has an RSI value of 39.3219. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for GPGI INC?
The buy/sell signal for GPGI INC (GPGI) is hold as the short term and long term trends are mixed.
Can you provide the support and resistance levels for GPGI INC?
GPGI INC (GPGI) has a support level at 16.05 and a resistance level at 16.09. Check the full technical report for our detailed analysis of GPGI support and resistance levels.