GROUP 1 AUTOMOTIVE INC (GPI) Technical Analysis
NYSE:GPI • US3989051095
Current stock price
GPI Technical Rating and Analysis
Taking everything into account, GPI scores 0 out of 10 in our technical rating. 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.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 87% 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. 69% of 124 stocks in the same industry do better.
- GPI is currently making a new 52 week low. This is a very bad signal. The S&P500 Index is trading in the upper part of its 52 week range, so GPI is lagging the market.
- In the last month GPI has a been trading in the 297.31 - 347.81 range, which is quite wide. It is currently trading near the lows of this range.
GPI Weekly and Daily overview Charts
GPI Setup Rating and Analysis
The technical rating of GPI is bad and it also does not present a quality setup 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
296.83
We found 1 important support area.
- A support zone ranging from 299.83 to 299.83. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 5 important resistance areas.
- A resistance zone ranging from 342.31 to 345.50. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @372.41 from a trend line in the daily time frame.
- Resistance @385.80 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 | DOWN | NEGATIVE | The short term trend for GPI is down. |
| ChartMill Relative Strength | 13.13 | NEGATIVE | GPI has a low relative strength, it was outperformed by 86.87% 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) | 23.65 | OVERSOLD | The low RSI value suggests GPI may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.89 | NEGATIVE | The MACD value suggests GPI has a negative trend. |
| Stochastics (14,3) | 4.65 | OVERSOLD | The low Stochastics value suggests GPI may be oversold. |
| Average True Range in percent/ATR (20) | 3.81 | MEDIUM VOLATILITY | The ATR as a percentage value for GPI suggests some volalility. |
| Average Directional Index/ADX (14) | 43.08 | 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
299.84
-0.06 (-0.02%)
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 0 / 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 23.6518. This indicates that the stock is currently oversold.
What is the buy/sell signal for GROUP 1 AUTOMOTIVE INC (GPI) stock?
The buy/sell signal for GROUP 1 AUTOMOTIVE INC (GPI) is sell as both the short term and long term trends are negative.
What are the support and resistance levels for GROUP 1 AUTOMOTIVE INC (GPI) stock?
GROUP 1 AUTOMOTIVE INC (GPI) has a support level at 299.83 and a resistance level at 342.31. Check the full technical report for our detailed analysis of GPI support and resistance levels.