GROCERY OUTLET HOLDING CORP (GO)
US39874R1014 - Common Stock
Overall GO gets a technical rating of 1 out of 10. GO scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
When comparing the yearly performance of all stocks, GO is a bad performer in the overall market: 91% of all stocks are doing better.
GO is one of the lesser performing stocks in the Consumer Staples Distribution & Retail industry. 69% of 40 stocks in the same industry do better.
GO is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month GO has a been trading in the 15.18 - 17.99 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
GO has an average volume of 1816260 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Although the technical rating is bad, GO does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 17.67. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 15.97, a Stop Loss order could be placed below this zone.
More info and screens
15.56
23.97
When analyzing the support we notice one important area.
- A support zone ranging from 15.72 to 15.97. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 17.67 to 17.85. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @19.81 from a trend line in the daily time frame.
- Resistance @23.73 from a trend line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS9.76
Mansfield-3.67
10 Day High17.54
10 Day Low15.18
20 Day High17.99
20 Day Low15.18
52 Week High29.98
52 Week Low15.18
Performance
1 Week7.08%
2 Weeks4.76%
1 Month4.12%
3 Month-18.51%
6 Month-35.23%
12 Month-37.34%
2 Year-50.97%
3 Year-23.61%
5 Year-46.87%
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.17
RSI(14)51.09
LBB15.45
UBB17.54
GROCERY OUTLET HOLDING CORP
NASDAQ:GO (10/22/2024, 3:01:45 PM)
16.64
-0.31 (-1.83%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryConsumer Staples Distribution & Retail
Performance
% Chg-1.83%
1 Week7.08%
2 Weeks4.76%
1 Month4.12%
3 Month-18.51%
6 Month-35.23%
12 Month-37.34%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.6
ATR(20)%3.55%
ATR Inc
Range Today0.62
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High17.54
10 Day Low15.18
20 Day High17.99
20 Day Low15.18
52 Week High29.98
52 Week Low15.18
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume787.46K
Volume Incr-2.41%
Vol(5)1.94M
Vol(50)1.82M