NASDAQ:GPRO - Nasdaq - US38268T1034 - Common Stock - Currency: USD
We assign a technical rating of 1 out of 10 to GPRO. GPRO scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Although the technical rating is bad, GPRO does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 0.66. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 0.57, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for GPRO in the last couple of days, which is a good sign.
0.56
When analyzing the support we notice one important area.
We found 1 important resistance area.
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 | NEUTRAL | NEUTRAL | The short term trend for GPRO is neutral. |
ChartMill Relative Strength | 9.53 | NEGATIVE | GPRO has a low relative strength, it was outperformed by 90.47% off all stocks on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of GPRO is above the rising SMA(20). |
Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of GPRO is above a declining SMA(50). |
Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of GPRO is below a declining SMA(200). |
Relative Strength Index/RSI (14) | 59.21 | NEUTRAL | The RSI value for GPRO is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests GPRO has a positive trend. |
Stochastics (14,3) | 51.47 | NEUTRAL | The Stochastics value for GPRO is a neutral value. |
Average True Range in percent/ATR (20) | 6.6 | HIGH VOLATILITY | The high ATR as a percentage value for GPRO suggests high volalility. |
Average Directional Index/ADX (14) | 12.33 | NEGATIVE | The low ADX value for GPRO suggests a weak or negative trend. |
NASDAQ:GPRO (5/28/2025, 12:10:41 PM)
0.6162
-0.03 (-5.05%)