GOPRO INC-CLASS A (GPRO) Stock Technical Analysis
NASDAQ:GPRO - Nasdaq - US38268T1034 - Common Stock - Currency: USD
Taking everything into account, GPRO scores 8 out of 10 in our technical rating. Both in the recent history as in the last year, GPRO has proven to be a steady performer, scoring decent points in every aspect analyzed.
In the last month GPRO has a been trading in the 1.16 - 1.70 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.
The long and short term trends are both positive. This is looking good!
GPRO is part of the Household Durables industry. There are 63 other stocks in this industry. GPRO outperforms 96% of them.
GPRO has an average volume of 11069200 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, GPRO did better than 93% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
GPRO is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so GPRO is lagging the market.
Considerably lower volume is observed in the last couple of days.
Although GPRO has an excellent technical rating, the quality of the presented setup is not ideal at the moment. Prices have been consolidating lately.
More info and screens
0.89
1.55
We found 1 important support area.
- Support @0.90 from a trend line in the daily time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 1.41 to 1.41. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Resistance @1.50 from a trend line in the weekly time frame.
- Resistance @1.53 from a trend line in the daily time frame.
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 | UP | POSITIVE | The long term trend for GPRO is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for GPRO is up. |
| ChartMill Relative Strength | 93.68 | POSITIVE | GPRO has a high relative strength, it outperformed 93.68% 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) | UP | POSITIVE | The current price of GPRO is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of GPRO is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 50.4 | NEUTRAL | The RSI value for GPRO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests GPRO has a negative trend. |
| Stochastics (14,3) | 44.79 | NEUTRAL | The Stochastics value for GPRO is a neutral value. |
| Average True Range in percent/ATR (20) | 11.85 | HIGH VOLATILITY | The high ATR as a percentage value for GPRO suggests high volalility. |
| Average Directional Index/ADX (14) | 45.97 | 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)
1.23
-0.03 (-2.38%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHousehold Durables
Performance
% Chg-2.38%
1 Week-8.89%
2 Weeks-6.11%
1 Month-20.13%
3 Month113.28%
6 Month57.35%
12 Month-8.21%
2 Year-66.16%
3 Year-79.8%
5 Year-73.2%
10 Year-97.36%
15 YearN/A
Volatility
ATR(14)0.12
ATR(20)%11.85%
ATR Inc18.06%
Range Today0.09
ADR(20)0.14
ADR(20)%11.51%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.68
Mansfield1.37
10 Day High1.48
10 Day Low1.16
20 Day High1.7
20 Day Low1.16
52 Week High2.37
52 Week Low0.4
CS1 End0.9
CR1 Start1.41
Volume & EV
DER(3)-8.69%
DER(5)-5.09%
Volume4.69M
Volume Incr-76.63%
Vol(5)5.07M
Vol(50)11.07M