GROUP 1 AUTOMOTIVE INC (GPI) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:GPI - US3989051095 - Common Stock
We assign a technical rating of 1 out of 10 to GPI. GPI scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
- 79% of all other stocks performed better in the past year than GPI.
- GPI is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- In the last month GPI has a been trading in the 388.07 - 413.84 range, which is quite wide. It is currently trading near the lows of this range.
- GPI is an average performer in the Specialty Retail industry, it outperforms 40% of 121 stocks in the same industry.
GPI has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 390.86, a Stop Loss order could be placed below this zone.
More info and screens
376.21
We found 2 important support areas.
- A support zone ranging from 386.26 to 390.86. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @380.01 from a horizontal line in the daily time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 398.96 to 413.75. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @426.92 from a horizontal line in the daily time frame.
- Resistance @481.31 from a horizontal 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 GPI is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for GPI is neutral. |
| ChartMill Relative Strength | 21.62 | NEGATIVE | GPI has a low relative strength, it was outperformed by 78.38% 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) | UP | MIXED | The current price of GPI is below the rising 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) | 41.71 | NEUTRAL | The RSI value for GPI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.11 | POSITIVE | The MACD value suggests GPI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 52.39 | NEUTRAL | The Stochastics value for GPI is a neutral value. |
| Average True Range in percent/ATR (20) | 2.58 | MEDIUM VOLATILITY | The ATR as a percentage value for GPI suggests some volalility. |
| Average Directional Index/ADX (14) | 13.52 | NEGATIVE | The low ADX value for GPI suggests a weak or negative trend. |
391.91
-10.71 (-2.66%)
GROUP 1 AUTOMOTIVE INC / GPI FAQ
Can you provide the ChartMill technical rating for GROUP 1 AUTOMOTIVE INC?
ChartMill assigns a technical rating of 1 / 10 to GPI.
Can you provide the trend direction for GROUP 1 AUTOMOTIVE INC?
The current trend direction for GROUP 1 AUTOMOTIVE INC (GPI) is Bearish.
What is the RSI signal for GPI stock?
GROUP 1 AUTOMOTIVE INC (GPI) has an RSI value of 41.7127. This indicates that the stock is currently neutral.
What are the support and resistance levels for GROUP 1 AUTOMOTIVE INC (GPI) stock?
GROUP 1 AUTOMOTIVE INC (GPI) has a support level at 390.86 and a resistance level at 398.96. Check the full technical report for our detailed analysis of GPI support and resistance levels.