GROUP 1 AUTOMOTIVE INC (GPI) Technical Analysis
NYSE:GPI • US3989051095
Current stock price
GPI Technical Rating and Analysis
Taking everything into account, GPI scores 2 out of 10 in our technical rating. In the past year, GPI was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
- 83% of all other stocks performed better in the past year than GPI.
- GPI is one of the lesser performing stocks in the Specialty Retail industry. 65% of 122 stocks in the same industry do better.
- 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 313.12 - 353.39 range, which is quite wide. It is currently trading near the high of this range.
- The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
- Considerably lower volume is observed in the last couple of days.
GPI Weekly and Daily overview Charts
GPI Setup Rating and Analysis
GPI has a poor technical rating and the quality of the setup is also only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
GPI Support and Resistance Analysis
296.89
2 important support areas can be observed.
- A support zone ranging from 323.95 to 343.15. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @299.89 from a horizontal line in the weekly time frame.
We can see 4 important resistance areas.
- A resistance zone ranging from 349.95 to 351.43. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @370.80 from a trend line in the daily time frame.
- Resistance @406.10 from a horizontal line in the daily time frame.
- Resistance @481.31 from a horizontal line in the weekly time frame.
GPI 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 | DOWN | NEGATIVE | The long term trend for GPI is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for GPI is up. |
| ChartMill Relative Strength | 17.23 | NEGATIVE | GPI has a low relative strength, it was outperformed by 82.77% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of GPI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of GPI is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of GPI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 66.37 | NEUTRAL | The RSI value for GPI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 2.18 | POSITIVE | The MACD value suggests GPI has a positive trend. |
| Stochastics (14,3) | 66.1 | NEUTRAL | The Stochastics value for GPI is a neutral value. |
| Average True Range in percent/ATR (20) | 3.09 | MEDIUM VOLATILITY | The ATR as a percentage value for GPI suggests some volalility. |
| Average Directional Index/ADX (14) | 26.56 | POSITIVE | The high ADX value value for GPI suggests a strong trend. |
GPI Chart- and CandleStick Pattern Analysis
GPI Technicals: Chart, Performance Metrics, Trend & Indicators
349.94
+14.46 (+4.31%)
GROUP 1 AUTOMOTIVE INC / GPI TA FAQ
Can you provide the ChartMill technical rating for GROUP 1 AUTOMOTIVE INC?
ChartMill assigns a technical rating of 2 / 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 GROUP 1 AUTOMOTIVE INC (GPI) stock?
GROUP 1 AUTOMOTIVE INC (GPI) has an RSI value of 66.367. This indicates that the stock is currently neutral.
Can you provide the short term momentum for GROUP 1 AUTOMOTIVE INC?
The short term momentum for GROUP 1 AUTOMOTIVE INC (GPI) is positive.
What is the buy/sell signal for GROUP 1 AUTOMOTIVE INC (GPI) stock?
The buy/sell signal for GROUP 1 AUTOMOTIVE INC (GPI) is hold as the short term and long term trends are mixed.