Taking everything into account, GRPN scores 2 out of 10 in our technical rating. Although GRPN is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 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 14.92 - 18.14 range, which is quite wide. It is currently trading near the lows of this range.
- GRPN is one of the better performing stocks in the Broadline Retail industry, it outperforms 72% of 30 stocks in the same industry.
- GRPN has an average volume of 1013660 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Looking at the yearly performance, GRPN did better than 72% of all other stocks. However, GRPN's most recent performance is quite weak.
GRPN has a poor technical rating and the quality of the setup is also not perfect 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
15.33
We found 1 important support area.
- A support zone ranging from 15.48 to 15.48. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- Resistance @15.60 from a horizontal line in the daily time frame.
- A resistance zone ranging from 16.10 to 16.76. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @18.52 from a horizontal line in the daily 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 | 72.79 | POSITIVE | GRPN has a high relative strength, it outperformed 72.79% 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) | 34.95 | NEUTRAL | The RSI value for GRPN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests GRPN has a negative trend. |
| Stochastics (14,3) | 30.06 | NEUTRAL | The Stochastics value for GRPN is a neutral value. |
| Average True Range in percent/ATR (20) | 4.85 | MEDIUM VOLATILITY | The ATR as a percentage value for GRPN suggests some volalility. |
| Average Directional Index/ADX (14) | 13.05 | NEGATIVE | The low ADX value for GRPN suggests a weak or negative trend. |
15.49
-0.29 (-1.84%)
GROUPON INC / GRPN FAQ
What is the technical rating for GRPN stock?
ChartMill assigns a technical rating of 2 / 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 34.9504. 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 15.48 and a resistance level at 15.6. Check the full technical report for our detailed analysis of GRPN support and resistance levels.