GROUP 1 AUTOMOTIVE INC (GPI) Technical Analysis
NYSE:GPI • US3989051095
Current stock price
GPI Technical Rating and Analysis
We assign a technical rating of 2 out of 10 to GPI. 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 part of the Specialty Retail industry. There are 122 other stocks in this industry, of which 65% are performing better 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 292.44 - 350.00 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 bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 331.75, a Stop Loss order could be placed below this zone.
More info and screens
GPI Support and Resistance Analysis
294.44
We found 2 important support areas.
- A support zone ranging from 324.07 to 331.75. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 297.41 to 299.89. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 5 important areas.
- A resistance zone ranging from 338.15 to 341.44. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @355.08 from a trend line in the daily time frame.
- Resistance @373.40 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 | 17.61 | NEGATIVE | GPI has a low relative strength, it was outperformed by 82.39% 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) | 59.5 | NEUTRAL | The RSI value for GPI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 2.64 | POSITIVE | The MACD value suggests GPI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 67.71 | NEUTRAL | The Stochastics value for GPI is a neutral value. |
| Average True Range in percent/ATR (20) | 3.25 | MEDIUM VOLATILITY | The ATR as a percentage value for GPI suggests some volalility. |
| Average Directional Index/ADX (14) | 25.26 | 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
338.02
-0.12 (-0.04%)
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 59.5042. 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.