We assign a technical rating of 3 out of 10 to GRPN. In the past year, GRPN was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.
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
15.41
We found 2 important support areas.
- Support @16.10 from a horizontal line in the weekly time frame.
- A support zone ranging from 15.57 to 15.60. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 18.07 to 18.25. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 18.77 to 19.00. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 | 78.58 | POSITIVE | GRPN has a high relative strength, it outperformed 78.58% 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) | UP | MIXED | The current price of GRPN is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 55.47 | NEUTRAL | The RSI value for GRPN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.32 | POSITIVE | The MACD value suggests GRPN has a positive trend. |
| Stochastics (14,3) | 79.3 | NEUTRAL | The Stochastics value for GRPN is a neutral value. |
| Average True Range in percent/ATR (20) | 4.31 | MEDIUM VOLATILITY | The ATR as a percentage value for GRPN suggests some volalility. |
| Average Directional Index/ADX (14) | 18.8 | NEGATIVE | The low ADX value for GRPN suggests a weak or negative trend. |
18.06
-0.11 (-0.61%)
GROUPON INC / GRPN FAQ
What is the technical rating for GRPN stock?
ChartMill assigns a technical rating of 3 / 10 to GRPN.
What is the current trend direction of GROUPON INC (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 55.4739. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for GROUPON INC?
The buy/sell signal for GROUPON INC (GRPN) is hold as the short term and long term trends are mixed.
What are the support and resistance levels for GROUPON INC (GRPN) stock?
GROUPON INC (GRPN) has a support level at 16.1 and a resistance level at 18.07. Check the full technical report for our detailed analysis of GRPN support and resistance levels.