GROUPON INC (GRPN) Stock Technical Analysis
NASDAQ:GRPN • US3994732069
Taking everything into account, GRPN scores 0 out of 10 in our technical rating. GRPN scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, GRPN is a bad performer in the overall market: 78% of all stocks are doing better.
- GRPN is one of the lesser performing stocks in the Broadline Retail industry. 62% of 30 stocks in the same industry do better.
- GRPN is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- In the last month GRPN has a been trading in the 11.87 - 16.47 range, which is quite wide. It is currently trading near the lows of this range.
- GRPN has an average volume of 1008530 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The technical rating of GRPN is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
12.35
When analyzing the support we notice one important area.
- Support @12.47 from a horizontal line in the weekly time frame.
4 important resistance areas can be observed.
- A resistance zone ranging from 13.50 to 13.70. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @14.15 from a trend line in the daily time frame.
- Resistance @14.60 from a trend line in the daily time frame.
- Resistance @17.99 from a horizontal line in the weekly time frame.
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 GRPN is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for GRPN is down. |
| ChartMill Relative Strength | 22.61 | NEGATIVE | GRPN has a low relative strength, it was outperformed by 77.39% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of GRPN is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of GRPN is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of GRPN is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 40.47 | NEUTRAL | The RSI value for GRPN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.08 | POSITIVE | The MACD value suggests GRPN has a positive trend. |
| Stochastics (14,3) | 40.6 | NEUTRAL | The Stochastics value for GRPN is a neutral value. |
| Average True Range in percent/ATR (20) | 6.08 | HIGH VOLATILITY | The high ATR as a percentage value for GRPN suggests high volalility. |
| Average Directional Index/ADX (14) | 39.02 | POSITIVE | The high ADX value value for GRPN suggests a strong trend. |
13.06
+0.1 (+0.77%)
GROUPON INC / GRPN FAQ
What is the technical rating for GRPN stock?
ChartMill assigns a technical rating of 0 / 10 to GRPN.
What is the trend direction for GRPN stock?
The current trend direction for GROUPON INC (GRPN) is Bearish.
What is the RSI signal for GRPN stock?
GROUPON INC (GRPN) has an RSI value of 40.4665. This indicates that the stock is currently neutral.
What is the buy/sell signal for GRPN stock?
The buy/sell signal for GROUPON INC (GRPN) is sell as both the short term and long term trends are negative.
What are the support and resistance levels for GROUPON INC (GRPN) stock?
GROUPON INC (GRPN) has a support level at 12.47 and a resistance level at 13.5. Check the full technical report for our detailed analysis of GRPN support and resistance levels.