GROVE COLLABORATIVE HOLDINGS (GROV) Technical Analysis
NYSE:GROV • US39957D2018
Current stock price
GROV Technical Rating and Analysis
Overall GROV gets a technical rating of 1 out of 10. GROV has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
- When compared to the yearly performance of all other stocks, GROV outperforms 49% of them, which is more or less in line with the market.
- GROV is an average performer in the Specialty Retail industry, it outperforms 63% of 124 stocks in the same industry.
- GROV is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so GROV is lagging the market slightly.
- In the last month GROV has a been trading in the 1.20 - 1.44 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Volume is considerably higher in the last couple of days.
GROV Weekly and Daily overview Charts
GROV Setup Rating and Analysis
GROV has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
GROV Support and Resistance Analysis
1.11
3 important support areas can be observed.
- Support @1.22 from a trend line in the daily time frame.
- Support @1.16 from a trend line in the weekly time frame.
- Support @1.12 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 1.34 to 1.35. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 1.39 to 1.40. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 1.51 to 1.53. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 1.56 to 1.57. This zone is formed by a combination of multiple trend lines in multiple time frames.
GROV 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 | NEUTRAL | NEUTRAL | The long term trend for GROV is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for GROV is down. |
| ChartMill Relative Strength | 49.17 | NEUTRAL | GROV is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of GROV is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of GROV is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of GROV is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 44.3 | NEUTRAL | The RSI value for GROV is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests GROV has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 33.33 | NEUTRAL | The Stochastics value for GROV is a neutral value. |
| Average True Range in percent/ATR (20) | 5.68 | HIGH VOLATILITY | The high ATR as a percentage value for GROV suggests high volalility. |
| Average Directional Index/ADX (14) | 23.19 | NEUTRAL | The ADX value for GROV suggests a possible start of a new trend. |
GROV Chart- and CandleStick Pattern Analysis
GROV Technicals: Chart, Performance Metrics, Trend & Indicators
1.27
-0.02 (-1.55%)
GROVE COLLABORATIVE HOLDINGS / GROV TA FAQ
Can you provide the ChartMill technical rating for GROVE COLLABORATIVE HOLDINGS?
ChartMill assigns a technical rating of 1 / 10 to GROV.
Can you provide the trend direction for GROVE COLLABORATIVE HOLDINGS?
The current trend direction for GROVE COLLABORATIVE HOLDINGS (GROV) is Bearish.
Can you provide the RSI signal for GROVE COLLABORATIVE HOLDINGS?
GROVE COLLABORATIVE HOLDINGS (GROV) has an RSI value of 44.2991. This indicates that the stock is currently neutral.
What is the MACD signal for GROVE COLLABORATIVE HOLDINGS (GROV) stock?
The MACD indicator for GROVE COLLABORATIVE HOLDINGS (GROV) has a value of -0.00095927, indicating a bearish trend.