GROM SOCIAL ENTERPRISES INC (GROM) Technical Analysis
NASDAQ:GROM • US39878L5066
Current stock price
GROM Technical Rating and Analysis
Overall GROM gets a technical rating of 0 out of 10. GROM's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 100% of all other stocks performed better in the past year than GROM.
- GROM is part of the Entertainment industry. There are 79 other stocks in this industry, of which 87% are performing better than GROM.
- GROM is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so GROM is lagging the market.
- In the last month GROM has a been trading in the 0.13 - 0.39 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.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
GROM Weekly and Daily overview Charts
GROM Setup Rating and Analysis
The technical rating of GROM is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
GROM Support and Resistance Analysis
GROM 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 | DOWN | NEGATIVE | The long term trend for GROM is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for GROM is down. |
| ChartMill Relative Strength | 0.42 | NEGATIVE | GROM has a low relative strength, it was outperformed by 99.58% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of GROM is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of GROM is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of GROM is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 22.95 | OVERSOLD | The low RSI value suggests GROM may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests GROM has a negative trend. |
| Stochastics (14,3) | 6.52 | OVERSOLD | The low Stochastics value suggests GROM may be oversold. |
| Average True Range in percent/ATR (20) | 28.98 | HIGH VOLATILITY | The high ATR as a percentage value for GROM suggests high volalility. |
| Average Directional Index/ADX (14) | 28.02 | POSITIVE | The high ADX value value for GROM suggests a strong trend. |
GROM Chart- and CandleStick Pattern Analysis
GROM Technicals: Chart, Performance Metrics, Trend & Indicators
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GROM SOCIAL ENTERPRISES INC / GROM TA FAQ
Can you provide the ChartMill technical rating for GROM SOCIAL ENTERPRISES INC?
ChartMill assigns a technical rating of 0 / 10 to GROM.
What is the current trend direction of GROM SOCIAL ENTERPRISES INC (GROM) stock?
The current trend direction for GROM SOCIAL ENTERPRISES INC (GROM) is Bearish.
Can you provide the RSI signal for GROM SOCIAL ENTERPRISES INC?
GROM SOCIAL ENTERPRISES INC (GROM) has an RSI value of 22.9483. This indicates that the stock is currently oversold.
Can you provide the buy/sell signal for GROM SOCIAL ENTERPRISES INC?
The buy/sell signal for GROM SOCIAL ENTERPRISES INC (GROM) is sell as both the short term and long term trends are negative.