GROM SOCIAL ENTERPRISES INC (GROM)

US39878L5066 - Common Stock

0.59  +0.02 (+4%)

After market: 0.5905 +0 (+0.08%)

Technical Rating and Analysis

0

Taking everything into account, GROM scores 0 out of 10 in our technical rating. 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.
97% of all other stocks performed better in the past year than GROM.
GROM is part of the Entertainment industry. There are 76 other stocks in this industry, of which 84% are performing better than GROM.
GROM is currently making a new 52 week low. This is a very bad signal. 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 0.55 - 0.79 range, which is quite wide. It is currently trading near the lows of this range.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
GROM Weekly chart
GROM Daily chart
Setup Rating and Analysis

7

Although the technical rating is bad, GROM does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. We notice that large players showed an interest for GROM in the last couple of days, which is a good sign.

  • Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
Support and Resistance Analysis

0.58

1.07

3 important resistance areas can be observed.

  • Resistance @0.62 from a horizontal line in the daily time frame.
  • Resistance @1.01 from a trend line in the daily time frame.
  • Resistance @1.06 from a trend line in the weekly time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS3.31
Mansfield-8.31
10 Day High0.69
10 Day Low0.55
20 Day High0.79
20 Day Low0.55
52 Week High11.76
52 Week Low0.55
Performance
1 Week-1.91%
2 Weeks-10.61%
1 Month-21.83%
3 Month-18.78%
6 Month-55.64%
12 Month-93.56%
2 Year-99.87%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0
RSI(14)37.22
LBB0.54
UBB0.68
GROM Daily chart

GROM SOCIAL ENTERPRISES INC

NASDAQ:GROM (5/3/2024, 7:00:01 PM)

After market: 0.5905 +0 (+0.08%)

0.59

+0.02 (+4%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryEntertainment
Performance
% Chg4%
1 Week-1.91%
2 Weeks-10.61%
1 Month-21.83%
3 Month-18.78%
6 Month-55.64%
12 Month-93.56%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.07
ATR(20)%10.78%
ATR Inc
Range Today0.05
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High0.69
10 Day Low0.55
20 Day High0.79
20 Day Low0.55
52 Week High11.76
52 Week Low0.55
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume14.20K
Volume Incr-17.35%
Vol(5)67.92K
Vol(50)814.84K