Overall GRPN gets a technical rating of 2 out of 10. 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.
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
15.44
2 important support areas can be observed.
- Support @16.32 from a horizontal line in the weekly time frame.
- A support zone ranging from 15.60 to 15.70. This zone is formed by a combination of multiple trend lines in the daily time frame.
2 important resistance areas can be observed.
- Resistance @17.53 from a trend line in the daily time frame.
- A resistance zone ranging from 20.35 to 20.50. 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 | DOWN | NEGATIVE | The short term trend for GRPN is down. |
| ChartMill Relative Strength | 85.76 | POSITIVE | GRPN has a high relative strength, it outperformed 85.76% 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 | MIXED | The current price of GRPN is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 37.46 | NEUTRAL | The RSI value for GRPN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.13 | NEGATIVE | The MACD value suggests GRPN has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 18.03 | OVERSOLD | The low Stochastics value suggests GRPN may be oversold. |
| Average True Range in percent/ATR (20) | 8.04 | HIGH VOLATILITY | The high ATR as a percentage value for GRPN suggests high volalility. |
| Average Directional Index/ADX (14) | 28.88 | POSITIVE | The high ADX value value for GRPN suggests a strong trend. |
16.49
+0.42 (+2.61%)
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 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 37.4614. 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 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 16.32 and a resistance level at 17.53. Check the full technical report for our detailed analysis of GRPN support and resistance levels.