Taking everything into account, GRWG scores 0 out of 10 in our technical rating. GRWG scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- 79% of all other stocks performed better in the past year than GRWG.
- In the last month GRWG has a been trading in the 1.42 - 1.66 range, which is quite wide. It is currently trading near the lows of this range.
- The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
- GRWG is an average performer in the Specialty Retail industry, it outperforms 42% of 122 stocks in the same industry.
- GRWG is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so GRWG is lagging the market.
- Considerably lower volume is observed in the last couple of days.
GRWG has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. We notice that large players showed an interest for GRWG in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
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2 important support areas can be observed.
- Support @1.44 from a horizontal line in the weekly time frame.
- A support zone ranging from 1.37 to 1.38. This zone is formed by a combination of multiple trend lines in the daily time frame.
3 important resistance areas can be observed.
- Resistance @1.45 from a trend line in the daily time frame.
- A resistance zone ranging from 1.58 to 1.61. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @1.89 from a trend line in the weekly 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 | NEUTRAL | NEUTRAL | The long term trend for GRWG is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for GRWG is down. |
| ChartMill Relative Strength | 21.99 | NEGATIVE | GRWG has a low relative strength, it was outperformed by 78.01% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of GRWG is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of GRWG is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of GRWG is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 40.56 | NEUTRAL | The RSI value for GRWG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests GRWG has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 21.21 | NEUTRAL | The Stochastics value for GRWG is a neutral value. |
| Average True Range in percent/ATR (20) | 5.25 | HIGH VOLATILITY | The high ATR as a percentage value for GRWG suggests high volalility. |
| Average Directional Index/ADX (14) | 10.76 | NEGATIVE | The low ADX value for GRWG suggests a weak or negative trend. |
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-0.03 (-2.03%)
GROWGENERATION CORP / GRWG FAQ
What is the ChartMill technical rating of GROWGENERATION CORP (GRWG) stock?
ChartMill assigns a technical rating of 0 / 10 to GRWG.
What is the current trend direction of GROWGENERATION CORP (GRWG) stock?
The current trend direction for GROWGENERATION CORP (GRWG) is Bearish.
Can you provide the RSI signal for GROWGENERATION CORP?
GROWGENERATION CORP (GRWG) has an RSI value of 40.5618. This indicates that the stock is currently neutral.
Can you provide the MACD signal for GROWGENERATION CORP?
The MACD indicator for GROWGENERATION CORP (GRWG) has a value of -0.0114865, indicating a bearish trend.
What is the short term momentum for GROWGENERATION CORP (GRWG) stock?
The short term momentum for GROWGENERATION CORP (GRWG) is negative.