GROUP 1 AUTOMOTIVE INC (GPI) Stock Technical Analysis
USA - NYSE:GPI - US3989051095 - Common Stock
Overall GPI gets a technical rating of 0 out of 10. GPI's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
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 390.86, 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
368.58
When analyzing the support we can see 3 important areas.
- A support zone ranging from 386.26 to 390.86. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @380.01 from a horizontal line in the daily time frame.
- Support @372.30 from a horizontal line in the daily time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 418.47 to 426.74. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 448.36 to 450.41. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 481.31 to 484.08. 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 | DOWN | NEGATIVE | The long term trend for GPI is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for GPI is down. |
| ChartMill Relative Strength | 25.52 | NEGATIVE | GPI has a low relative strength, it was outperformed by 74.48% 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) | DOWN | NEGATIVE | The current price of GPI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 43 | NEUTRAL | The RSI value for GPI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.04 | POSITIVE | The MACD value suggests GPI has a positive trend. |
| Stochastics (14,3) | 33.7 | NEUTRAL | The Stochastics value for GPI is a neutral value. |
| Average True Range in percent/ATR (20) | 3.68 | MEDIUM VOLATILITY | The ATR as a percentage value for GPI suggests some volalility. |
| Average Directional Index/ADX (14) | 27.77 | POSITIVE | The high ADX value value for GPI suggests a strong trend. |
393.1
+9.88 (+2.58%)
GROUP 1 AUTOMOTIVE INC / GPI FAQ
Can you provide the ChartMill technical rating for GROUP 1 AUTOMOTIVE INC?
ChartMill assigns a technical rating of 0 / 10 to GPI.
What is the trend direction for GPI stock?
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 43.0012. 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 negative.
Can you provide the buy/sell signal for GROUP 1 AUTOMOTIVE INC?
The buy/sell signal for GROUP 1 AUTOMOTIVE INC (GPI) is sell as both the short term and long term trends are negative.