GROUPON INC (GRPN) Technical Analysis
NASDAQ:GRPN • US3994732069
Current stock price
GRPN Technical Rating and Analysis
Taking everything into account, GRPN scores 2 out of 10 in our technical rating. In the past year, GRPN was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
- When comparing the yearly performance of all stocks, GRPN is a bad performer in the overall market: 91% of all stocks are doing better.
- GRPN is one of the lesser performing stocks in the Broadline Retail industry. 86% of 30 stocks in the same industry do better.
- GRPN 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 GRPN is lagging the market.
- In the last month GRPN has a been trading in the 9.17 - 12.99 range, which is quite wide. It is currently trading near the high of this range.
- GRPN has an average volume of 1353920 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
GRPN Weekly and Daily overview Charts
GRPN Setup Rating and Analysis
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
GRPN Support and Resistance Analysis
9.63
We found 3 important support areas.
- A support zone ranging from 11.05 to 11.06. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 10.46 to 10.46. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @9.73 from a trend line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 11.98 to 12.21. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @17.99 from a horizontal line in the weekly time frame.
GRPN 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 GRPN is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for GRPN is up. |
| ChartMill Relative Strength | 9.9 | NEGATIVE | GRPN has a low relative strength, it was outperformed by 90.1% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of GRPN is above the rising 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) | 52.82 | NEUTRAL | The RSI value for GRPN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.23 | POSITIVE | The MACD value suggests GRPN has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 79.93 | NEUTRAL | The Stochastics value for GRPN is a neutral value. |
| Average True Range in percent/ATR (20) | 7.71 | HIGH VOLATILITY | The high ATR as a percentage value for GRPN suggests high volalility. |
| Average Directional Index/ADX (14) | 13.84 | NEGATIVE | The low ADX value for GRPN suggests a weak or negative trend. |
GRPN Chart- and CandleStick Pattern Analysis
GRPN Technicals: Chart, Performance Metrics, Trend & Indicators
11.97
-0.06 (-0.5%)
GROUPON INC / GRPN TA FAQ
What is the technical rating for GRPN stock?
ChartMill assigns a technical rating of 2 / 10 to GRPN.
Can you provide the trend direction for GROUPON INC?
The current trend direction for GROUPON INC (GRPN) is Bearish.
What is the RSI signal for GROUPON INC (GRPN) stock?
GROUPON INC (GRPN) has an RSI value of 52.8224. This indicates that the stock is currently neutral.
What is the short term momentum for GROUPON INC (GRPN) stock?
The short term momentum for GROUPON INC (GRPN) is positive.
What is the buy/sell signal for GROUPON INC (GRPN) stock?
The buy/sell signal for GROUPON INC (GRPN) is hold as the short term and long term trends are mixed.