GOPRO INC-CLASS A (GPRO) Technical Analysis
NASDAQ:GPRO • US38268T1034
Current stock price
GPRO Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to GPRO. GPRO'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.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, GPRO is a bad performer in the overall market: 92% of all stocks are doing better.
- GPRO is part of the Household Durables industry. There are 60 other stocks in this industry, of which 91% are performing better than GPRO.
- GPRO is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so GPRO is lagging the market.
- In the last month GPRO has a been trading in the 0.70 - 1.17 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- GPRO has an average volume of 3869570 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
GPRO Weekly and Daily overview Charts
GPRO Setup Rating and Analysis
The technical rating of GPRO 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
GPRO Support and Resistance Analysis
0.70
We found 1 important resistance area.
- Resistance @0.95 from a trend line in the daily time frame.
GPRO 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 GPRO is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for GPRO is down. |
| ChartMill Relative Strength | 8.64 | NEGATIVE | GPRO has a low relative strength, it was outperformed by 91.36% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of GPRO is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of GPRO is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of GPRO is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 35.7 | NEUTRAL | The RSI value for GPRO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests GPRO has a negative trend. |
| Stochastics (14,3) | 5.09 | OVERSOLD | The low Stochastics value suggests GPRO may be oversold. |
| Average True Range in percent/ATR (20) | 13.05 | HIGH VOLATILITY | The high ATR as a percentage value for GPRO suggests high volalility. |
| Average Directional Index/ADX (14) | 33.43 | POSITIVE | The high ADX value value for GPRO suggests a strong trend. |
GPRO Chart- and CandleStick Pattern Analysis
GPRO Technicals: Chart, Performance Metrics, Trend & Indicators
0.71
-0.01 (-1.96%)
GOPRO INC-CLASS A / GPRO TA FAQ
What is the ChartMill technical rating of GOPRO INC-CLASS A (GPRO) stock?
ChartMill assigns a technical rating of 0 / 10 to GPRO.
What is the trend direction for GPRO stock?
The current trend direction for GOPRO INC-CLASS A (GPRO) is Bearish.
What is the RSI signal for GPRO stock?
GOPRO INC-CLASS A (GPRO) has an RSI value of 35.7002. This indicates that the stock is currently neutral.
What is the buy/sell signal for GPRO stock?
The buy/sell signal for GOPRO INC-CLASS A (GPRO) is sell as both the short term and long term trends are negative.
What are the support and resistance levels for GOPRO INC-CLASS A (GPRO) stock?
GOPRO INC-CLASS A (GPRO) has a resistance level at 0.95. Check the full technical report for our detailed analysis of GPRO support and resistance levels.