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. GPRO has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
GPRO is part of the Household Durables industry. There are 63 other stocks in this industry. GPRO outperforms 96% of them.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
GPRO has an average volume of 10432400 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that GPRO is one of the better performing stocks in the market, outperforming 94% of all stocks. However, this overall good ranking is mostly due to the recent strong 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.
In the last month GPRO has a been trading in the 0.67 - 2.37 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although GPRO has an excellent technical rating, it 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
0.79
1.53
We found 1 important support area.
- A support zone ranging from 0.80 to 0.81. This zone is formed by a combination of multiple trend lines and important moving averages 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 | 94.2 | POSITIVE | GPRO has a high relative strength, it outperformed 94.2% 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) | UP | POSITIVE | The current price of GPRO is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 80.77 | OVERBOUGHT | The high RSI value suggests GPRO may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.08 | POSITIVE | The MACD value suggests GPRO has a positive trend. |
| Stochastics (14,3) | 47.4 | NEUTRAL | The Stochastics value for GPRO is a neutral value. |
| Average True Range in percent/ATR (20) | 9.97 | HIGH VOLATILITY | The high ATR as a percentage value for GPRO suggests high volalility. |
| Average Directional Index/ADX (14) | 38.7 | 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)
1.51
+0.04 (+2.72%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHousehold Durables
Performance
% Chg2.72%
1 Week71.1%
2 Weeks91.14%
1 Month86.79%
3 Month138.74%
6 Month45.19%
12 Month-4.43%
2 Year-63.08%
3 Year-76.26%
5 Year-71.46%
10 Year-97.57%
15 YearN/A
Volatility
ATR(14)0.19
ATR(20)%9.97%
ATR Inc77.13%
Range Today0.22
ADR(20)0.14
ADR(20)%9.46%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS94.2
Mansfield3.79
10 Day High2.37
10 Day Low0.75
20 Day High2.37
20 Day Low0.67
52 Week High2.37
52 Week Low0.4
CS1 End0.81
CR1 StartN/A
Volume & EV
DER(3)0.63%
DER(5)2.64%
Volume14.22M
Volume Incr1669.9%
Vol(5)69.48M
Vol(50)10.43M