GRPN Technical Analysis - GROUPON INC

Technical Rating and Analysis

Taking everything into account, GRPN scores 3 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.

In the last month GRPN has a been trading in the 21.43 - 27.79 range, which is quite wide. It is currently trading near the lows of this range.

GRPN has an average volume of 1376220 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 86% of all stocks. However, GRPN's most recent performance is quite weak.

GRPN is an average performer in the Broadline Retail industry, it outperforms 66% of 28 stocks in the same industry.

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.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

Setup Rating and Analysis

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.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

21.69

37.40

2 important support areas can be observed.

Support @22.51 from a horizontal line in the weekly time frame.
Support @21.91 from a horizontal line in the daily time frame.

2 important resistance areas can be observed.

A resistance zone ranging from 22.53 to 22.64. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Resistance @37.03 from a horizontal line in the daily time frame.

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Technical Indicator Signal Analysis

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	86.2	POSITIVE	GRPN has a high relative strength, it outperformed 86.2% 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)	33.94	NEUTRAL	The RSI value for GRPN is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	0.09	POSITIVE	The MACD value suggests GRPN has a positive trend.
Stochastics (14,3)	17.11	OVERSOLD	The low Stochastics value suggests GRPN may be oversold.
Average True Range in percent/ATR (20)	4.4	MEDIUM VOLATILITY	The ATR as a percentage value for GRPN suggests some volalility.
Average Directional Index/ADX (14)	19.59	NEGATIVE	The low ADX value for GRPN suggests a weak or negative trend.