GOPRO INC-CLASS A (GPRO) Stock Technical Analysis
NASDAQ:GPRO - Nasdaq - US38268T1034 - Common Stock - Currency: USD
Overall GPRO gets a technical rating of 7 out of 10. GPRO has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
GPRO is one of the better performing stocks in the Household Durables industry, it outperforms 85% of 63 stocks in the same industry.
In the last month GPRO has a been trading in the 0.67 - 1.04 range, which is quite wide. It is currently trading near the high of this range.
GPRO has an average volume of 3914750 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When compared to the yearly performance of all other stocks, GPRO outperforms 57% of them, which is more or less in line with the market.
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.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although GPRO has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
0.70
0.98
2 important support areas can be observed.
- A support zone ranging from 0.78 to 0.80. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @0.71 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 | 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 | 57.94 | NEUTRAL | GPRO is not amongst the best or worst performers 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 | MIXED | The current price of GPRO is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 68.84 | 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. |
| Stochastics (14,3) | 79.51 | NEUTRAL | The Stochastics value for GPRO is a neutral value. |
| Average True Range in percent/ATR (20) | 6.22 | HIGH VOLATILITY | The high ATR as a percentage value for GPRO suggests high volalility. |
| Average Directional Index/ADX (14) | 24.41 | NEUTRAL | The ADX value for GPRO suggests a possible start of a new 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)
0.9714
+0.09 (+10.07%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHousehold Durables
Performance
% Chg10.07%
1 Week18.46%
2 Weeks28.56%
1 Month7.01%
3 Month53.58%
6 Month-6.6%
12 Month-38.52%
2 Year-76.25%
3 Year-84.73%
5 Year-81.64%
10 Year-98.44%
15 YearN/A
Volatility
ATR(14)0.06
ATR(20)%6.22%
ATR Inc176.49%
Range Today0.13
ADR(20)0.06
ADR(20)%6.01%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS57.94
Mansfield-0.93
10 Day High1.04
10 Day Low0.73
20 Day High1.04
20 Day Low0.67
52 Week High1.69
52 Week Low0.4
CS1 End0.8
CR1 StartN/A
Volume & EV
DER(3)5.71%
DER(5)5.9%
Volume7.72M
Volume Incr-6.91%
Vol(5)3.73M
Vol(50)3.91M