GOPRO INC-CLASS A (GPRO) Stock Technical Analysis
NASDAQ:GPRO - Nasdaq - US38268T1034 - Common Stock - Currency: USD
Overall GPRO gets a technical rating of 5 out of 10. In the past year, GPRO 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.
When comparing the yearly performance of all stocks, GPRO is a bad performer in the overall market: 84% of all stocks are doing better.
GPRO is part of the Household Durables industry. There are 64 other stocks in this industry, of which 61% are performing better than GPRO.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
In the last month GPRO has a been trading in the 0.57 - 1.02 range, which is quite wide. It is currently trading near the high of this range.
GPRO has an average volume of 3935040 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
GPRO is currently trading in the middle 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 slightly.
GPRO has an average technical rating and it also does not offer a high 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
0.59
0.90
3 important support areas can be observed.
- A support zone ranging from 0.79 to 0.79. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 0.63 to 0.64. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @0.60 from a trend line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 0.88 to 0.89. 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 | NEUTRAL | NEUTRAL | The long term trend for GPRO is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for GPRO is up. |
| ChartMill Relative Strength | 16.67 | NEGATIVE | GPRO has a low relative strength, it was outperformed by 83.33% 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) | UP | POSITIVE | The current price of GPRO is above the rising 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) | 65.51 | NEUTRAL | The RSI value for GPRO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests GPRO has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 62.32 | NEUTRAL | The Stochastics value for GPRO is a neutral value. |
| Average True Range in percent/ATR (20) | 8.3 | HIGH VOLATILITY | The high ATR as a percentage value for GPRO suggests high volalility. |
| Average Directional Index/ADX (14) | 33.29 | POSITIVE | The high ADX value value for GPRO suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
0.8694
+0.03 (+4.13%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHousehold Durables
Performance
% Chg4.13%
1 Week1.06%
2 Weeks26.72%
1 Month40.23%
3 Month3.38%
6 Month-20.24%
12 Month-36.54%
2 Year-79%
3 Year-84.28%
5 Year-81.74%
10 Year-98.35%
15 YearN/A
Volatility
ATR(14)0.09
ATR(20)%8.3%
ATR Inc14.03%
Range Today0.12
ADR(20)0.07
ADR(20)%7.99%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS16.67
Mansfield-2.09
10 Day High1.02
10 Day Low0.67
20 Day High1.02
20 Day Low0.57
52 Week High1.76
52 Week Low0.4
CS1 End0.79
CR1 Start0.88
Volume & EV
DER(3)9.74%
DER(5)10.2%
Volume4.52M
Volume Incr-26.87%
Vol(5)2.96M
Vol(50)3.94M