GROUP 1 AUTOMOTIVE INC (GPI) Stock Technical Analysis
NYSE:GPI - US3989051095 - Common Stock
488.25 USD
+17.42 (+3.7%)
488.25 USD
0 (0%)
Overall GPI gets a technical rating of 10 out of 10. Both in the recent history as in the last year, GPI has proven to be a steady performer, scoring decent points in every aspect analyzed.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, GPI did better than 81% of all other stocks. We also observe that the gains produced by GPI over the past year are nicely spread over this period.
GPI is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so GPI is lagging the market slightly.
In the last month GPI has a been trading in the 436.02 - 488.39 range, which is quite wide. It is currently trading near the high of this range.
GPI is part of the Specialty Retail industry. There are 123 other stocks in this industry, GPI did better than 68% of them.
Although GPI has an excellent technical rating, it does not present a decent entry opportunity 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
403.94
493.14
When analyzing the support we can see 5 important areas.
- Support @484.08 from a horizontal line in the daily time frame.
- A support zone ranging from 464.77 to 466.32. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 447.80 to 453.13. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 418.85 to 423.16. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @408.02 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 488.26 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 | UP | POSITIVE | The long term trend for GPI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for GPI is up. |
| ChartMill Relative Strength | 81.56 | POSITIVE | GPI has a high relative strength, it outperformed 81.56% 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) | UP | POSITIVE | The current price of GPI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of GPI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 64.52 | NEUTRAL | The RSI value for GPI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.55 | POSITIVE | The MACD value suggests GPI has a positive trend. |
| Stochastics (14,3) | 80.06 | OVERBOUGHT | The high Stochastics value suggests GPI may be overbought. |
| Average True Range in percent/ATR (20) | 2.51 | MEDIUM VOLATILITY | The ATR as a percentage value for GPI suggests some volalility. |
| Average Directional Index/ADX (14) | 18.32 | 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)
488.25
+17.42 (+3.7%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustrySpecialty Retail
Performance
% Chg3.7%
1 Week1.72%
2 Weeks2.35%
1 Month6.25%
3 Month14.92%
6 Month26.51%
12 Month33.99%
2 Year81.7%
3 Year241.74%
5 Year452.38%
10 Year473.4%
15 Year1534.04%
Volatility
ATR(14)12.73
ATR(20)%2.51%
ATR Inc35.11%
Range Today27.64
ADR(20)11.6
ADR(20)%2.38%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS81.56
Mansfield0.41
10 Day High488.39
10 Day Low457.22
20 Day High488.39
20 Day Low436.02
52 Week High490.09
52 Week Low344.38
CS1 End484.08
CR1 Start488.26
Volume & EV
DER(3)1.65%
DER(5)0.29%
Volume174.46K
Volume Incr2.21%
Vol(5)152.05K
Vol(50)165.89K