Taking everything into account, GROM scores 0 out of 10 in our technical rating. GROM scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
100% of all other stocks performed better in the past year than GROM.
GROM is one of the lesser performing stocks in the Entertainment industry. 92% of 72 stocks in the same industry do better.
GROM is currently trading near the lower end of its 52 week range, which is not a good sign. GROM is lagging the S&P500 Index which is trading in the middle of its 52 week range.
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.