GROUPON INC (GRPN) Stock Technical Analysis
NASDAQ:GRPN - US3994732069 - Common Stock
26.69 USD
-0.45 (-1.66%)
26.01 USD
-0.68 (-2.55%)
Overall GRPN gets a technical rating of 3 out of 10. GRPN was one of the better performers in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
In the last month GRPN has a been trading in the 26.25 - 43.08 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.
GRPN is part of the Broadline Retail industry. There are 28 other stocks in this industry. GRPN outperforms 85% of them.
GRPN has an average volume of 1414530 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
Looking at the yearly performance, GRPN did better than 91% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
GRPN is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so GRPN is lagging the market.
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
26.41
37.40
When analyzing the support we notice one important area.
- A support zone ranging from 26.68 to 26.68. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- Resistance @37.03 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 | DOWN | NEGATIVE | The short term trend for GRPN is down. |
| ChartMill Relative Strength | 91.8 | POSITIVE | GRPN has a high relative strength, it outperformed 91.8% 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) | UP | POSITIVE | The current price of GRPN is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 36.21 | NEUTRAL | The RSI value for GRPN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.44 | NEGATIVE | The MACD value suggests GRPN has a negative trend. |
| Stochastics (14,3) | 3.91 | OVERSOLD | The low Stochastics value suggests GRPN may be oversold. |
| Average True Range in percent/ATR (20) | 8.73 | HIGH VOLATILITY | The high ATR as a percentage value for GRPN suggests high volalility. |
| Average Directional Index/ADX (14) | 13.32 | NEGATIVE | The low ADX value for GRPN suggests a weak or negative 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)
26.69
-0.45 (-1.66%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryBroadline Retail
Performance
% Chg-1.66%
1 Week-6.35%
2 Weeks-19.07%
1 Month-19%
3 Month-0.22%
6 Month115.59%
12 Month94.53%
2 Year115.76%
3 Year169.32%
5 Year-16.15%
10 Year-70.34%
15 YearN/A
Volatility
ATR(14)2.59
ATR(20)%8.73%
ATR Inc-56.3%
Range Today1.13
ADR(20)2.02
ADR(20)%7.56%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.8
Mansfield3.44
10 Day High35.18
10 Day Low26.25
20 Day High43.08
20 Day Low26.25
52 Week High43.08
52 Week Low7.75
CS1 End26.68
CR1 Start37.03
Volume & EV
DER(3)-0.59%
DER(5)-1.02%
Volume1.75M
Volume Incr-1.99%
Vol(5)1.52M
Vol(50)1.41M