GROUPON INC (GRPN) Technical Analysis
NASDAQ:GRPN • US3994732069
Current stock price
GRPN Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to GRPN. GRPN'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.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 92% of all other stocks performed better in the past year than GRPN.
- GRPN is one of the lesser performing stocks in the Broadline Retail industry. 89% of 30 stocks in the same industry do better.
- GRPN 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 GRPN is lagging the market.
- In the last month GRPN has a been trading in the 9.17 - 13.80 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.
- GRPN has an average volume of 1126890 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
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. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
GRPN Support and Resistance Analysis
9.54
When analyzing the resistance we notice 2 important areas.
- Resistance @13.19 from a trend line in the daily time frame.
- 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 | DOWN | NEGATIVE | The short term trend for GRPN is down. |
| ChartMill Relative Strength | 8.77 | NEGATIVE | GRPN has a low relative strength, it was outperformed by 91.23% 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) | 22.12 | OVERSOLD | The low RSI value suggests GRPN may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.18 | NEGATIVE | The MACD value suggests GRPN has a negative trend. |
| Stochastics (14,3) | 11.11 | OVERSOLD | The low Stochastics value suggests GRPN may be oversold. |
| Average True Range in percent/ATR (20) | 8.86 | HIGH VOLATILITY | The high ATR as a percentage value for GRPN suggests high volalility. |
| Average Directional Index/ADX (14) | 28.2 | POSITIVE | The high ADX value value for GRPN suggests a strong trend. |
GRPN Chart- and CandleStick Pattern Analysis
GRPN Technicals: Chart, Performance Metrics, Trend & Indicators
9.64
-0.02 (-0.21%)
GROUPON INC / GRPN TA 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 22.1188. This indicates that the stock is currently oversold.
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 resistance level at 13.19. Check the full technical report for our detailed analysis of GRPN support and resistance levels.