Gp Strategies Corp (GPX) Technical Analysis
NYSE:GPX
Current stock price
GPX Technical Rating and Analysis
Overall GPX gets a technical rating of 10 out of 10. Both in the recent history as in the last year, GPX has proven to be a steady performer, scoring decent points in every aspect analyzed.
- The long and short term trends are both positive. This is looking good!
- Looking at the yearly performance, GPX did better than 87% of all other stocks. On top of that, GPX also shows a nice and consistent pattern of rising prices.
- GPX is one of the better performing stocks in the Professional Services industry, it outperforms 88% of 86 stocks in the same industry.
- GPX is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so GPX is leading the market.
- In the last month GPX has a been trading in a tight range between 20.65 and 20.93.
- Volume is considerably higher in the last couple of days.
GPX Weekly and Daily overview Charts
GPX Setup Rating and Analysis
Besides having an excellent technical rating, GPX also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 20.78, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
GPX Support and Resistance Analysis
16.24
When analyzing the support we can see 3 important areas.
- A support zone ranging from 20.12 to 20.78. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @17.46 from a trend line in the weekly time frame.
- Support @16.40 from a trend line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 20.86 to 20.86. This zone is formed by a combination of multiple trend lines in multiple time frames.
GPX Technical Indicator Signal Analysis
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 GPX is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for GPX is up. |
| ChartMill Relative Strength | 87.37 | POSITIVE | GPX has a high relative strength, it outperformed 87.37% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of GPX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of GPX is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of GPX is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 73.15 | OVERBOUGHT | The high RSI value suggests GPX may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests GPX has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 71.29 | NEUTRAL | The Stochastics value for GPX is a neutral value. |
| Average True Range in percent/ATR (20) | 0.32 | LOW VOLATILITY | The low ATR as a percentage value for GPX suggests low volalility. |
GPX Chart- and CandleStick Pattern Analysis
GPX Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 20.87 | 20.68 | 0.19 (0.91%) | 25.00% |
| An entry @20.87. This is a Buy Stop order right above the resistance zone. | An exit @20.68. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.19 points, which is 0.91%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.23%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
GPX Technicals: Chart, Performance Metrics, Trend & Indicators
20.85
0 (0%)
Gp Strategies Corp / GPX TA FAQ
What is the technical rating for GPX stock?
ChartMill assigns a technical rating of 9 / 10 to GPX.
What is the trend direction for GPX stock?
The current trend direction for Gp Strategies Corp (GPX) is Bullish.
What is the RSI signal for GPX stock?
Gp Strategies Corp (GPX) has an RSI value of 73.1452. This indicates that the stock is currently overbought.
What is the short term momentum for Gp Strategies Corp (GPX) stock?
The short term momentum for Gp Strategies Corp (GPX) is positive.
What is the support and resistance level for GPX stock?
Gp Strategies Corp (GPX) has a support level at 20.78 and a resistance level at 20.86. Check the full technical report for our detailed analysis of GPX support and resistance levels.