GROUP 1 AUTOMOTIVE INC (GPI) Stock Technical Analysis
USA - NYSE:GPI - US3989051095 - Common Stock
431.07 USD
-16.9 (-3.77%)
431.07 USD
0 (0%)
Taking everything into account, GPI scores 2 out of 10 in our technical rating. GPI has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
In the last month GPI has a been trading in the 415.10 - 461.27 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
When comparing the yearly performance of all stocks, we notice that GPI is one of the better performing stocks in the market, outperforming 71% of all stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
GPI is part of the Specialty Retail industry. There are 119 other stocks in this industry, GPI did better than 66% of them.
GPI is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so GPI is lagging the market.
Although the technical rating is bad, GPI does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 420.77, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for GPI in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
402.04
493.14
When analyzing the support we can see 2 important areas.
- A support zone ranging from 416.04 to 420.77. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @406.10 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 435.64 to 441.08. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 448.41 to 451.94. 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 481.31 to 488.26. 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 | NEUTRAL | NEUTRAL | The long term trend for GPI is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for GPI is neutral. |
| ChartMill Relative Strength | 71.34 | POSITIVE | GPI has a high relative strength, it outperformed 71.34% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of GPI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of GPI is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of GPI is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 44.18 | NEUTRAL | The RSI value for GPI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.76 | POSITIVE | The MACD value suggests GPI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 60.75 | NEUTRAL | The Stochastics value for GPI is a neutral value. |
| Average True Range in percent/ATR (20) | 3.58 | MEDIUM VOLATILITY | The ATR as a percentage value for GPI suggests some volalility. |
| Average Directional Index/ADX (14) | 18.01 | NEGATIVE | The low ADX value for GPI suggests a weak or negative 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)
431.07
-16.9 (-3.77%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustrySpecialty Retail
Performance
% Chg-3.77%
1 Week0.13%
2 Weeks1.33%
1 Month-1.09%
3 Month-1.25%
6 Month6.02%
12 Month24.38%
2 Year70.84%
3 Year149.17%
5 Year306.36%
10 Year395.77%
15 Year1122.55%
Volatility
ATR(14)16.82
ATR(20)%3.58%
ATR Inc22.25%
Range Today23.99
ADR(20)15.44
ADR(20)%3.58%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS71.34
3 months CRS29.64
6 months CRS41.32
Mansfield-1.02
10 Day High461.27
10 Day Low415.1
20 Day High461.27
20 Day Low415.1
52 Week High490.09
52 Week Low348
CS1 End420.77
CR1 Start435.64
Volume & EV
DER(3)2.46%
DER(5)3.56%
Volume303.20K
Volume Incr4.64%
Vol(5)270.02K
Vol(50)209.26K