GROUPON INC (GRPN) Stock Technical Analysis
NASDAQ:GRPN - Nasdaq - US3994732069 - Common Stock - Currency: USD
Overall GRPN gets a technical rating of 9 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, GRPN is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
GRPN is part of the Broadline Retail industry. There are 28 other stocks in this industry. GRPN outperforms 96% of them.
GRPN is currently making a new 52 week high. This is a strong signal. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so GRPN is leading the market.
In the last month GRPN has a been trading in the 25.37 - 34.33 range, which is quite wide. It is currently trading near the high of this range.
GRPN has an average volume of 1727700 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that GRPN is one of the better performing stocks in the market, outperforming 98% of all stocks. However, this relatively good performance is mostly due to a recent big move.
Although GRPN has an excellent technical rating, the quality of the presented setup is not ideal 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
16.63
34.23
3 important support areas can be observed.
- Support @31.32 from a horizontal line in the daily time frame.
- Support @21.95 from a trend line in the daily time frame.
- Support @16.80 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 | UP | POSITIVE | The long term trend for GRPN is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for GRPN is up. |
| ChartMill Relative Strength | 98.33 | POSITIVE | GRPN has a high relative strength, it outperformed 98.33% 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) | UP | POSITIVE | The current price of GRPN is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of GRPN is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 74.81 | OVERBOUGHT | The high RSI value suggests GRPN may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests GRPN has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 88.87 | OVERBOUGHT | The high Stochastics value suggests GRPN may be overbought. |
| Average True Range in percent/ATR (20) | 4.44 | MEDIUM VOLATILITY | The ATR as a percentage value for GRPN suggests some volalility. |
| Average Directional Index/ADX (14) | 38.67 | POSITIVE | The high ADX value value for GRPN suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
33.89
+1.56 (+4.83%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryBroadline Retail
Performance
% Chg4.83%
1 Week2.88%
2 Weeks16.34%
1 Month30.05%
3 Month128.21%
6 Month195.21%
12 Month127.91%
2 Year473.44%
3 Year199.91%
5 Year87.03%
10 Year-66.31%
15 YearN/A
Volatility
ATR(14)1.69
ATR(20)%4.44%
ATR Inc6.74%
Range Today2.58
ADR(20)1.48
ADR(20)%4.37%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS98.33
Mansfield11.88
10 Day High34.33
10 Day Low29.39
20 Day High34.33
20 Day Low25.37
52 Week High34.33
52 Week Low7.75
CS1 End31.32
CR1 StartN/A
Volume & EV
DER(3)0.68%
DER(5)-1.34%
Volume1.71M
Volume Incr20.32%
Vol(5)1.76M
Vol(50)1.73M