GROCERY OUTLET HOLDING CORP (GO) Stock Technical Analysis
NASDAQ:GO - Nasdaq - US39874R1014 - Common Stock - Currency: USD
Overall GO gets a technical rating of 0 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 short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, GO is a bad performer in the overall market: 92% of all stocks are doing better.
GO is part of the Consumer Staples Distribution & Retail industry. There are 40 other stocks in this industry, of which 87% are performing better than GO.
GO is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
In the last month GO has a been trading in the 10.26 - 17.69 range, which is quite wide. It is currently trading near the lows of this range.
GO has an average volume of 2414490 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Volume is considerably higher in the last couple of days.
The technical rating of GO 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
11.20
21.79
We found 1 important support area.
- Support @11.31 from a horizontal line in the daily time frame.
We can see 5 important resistance areas.
- Resistance @15.91 from a trend line in the daily time frame.
- Resistance @17.89 from a trend line in the weekly time frame.
- A resistance zone ranging from 20.52 to 20.63. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @21.07 from a horizontal line in the daily time frame.
- Resistance @21.57 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS8.49
Mansfield-3.56
10 Day High16.22
10 Day Low10.26
20 Day High17.69
20 Day Low10.26
52 Week High29.13
52 Week Low10.26
Performance
1 Week10.36%
2 Weeks-16.45%
1 Month-24.32%
3 Month-31.49%
6 Month-24.45%
12 Month-49.48%
2 Year-53.64%
3 Year-60.04%
5 Year-61.85%
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)-0.25
RSI(14)41.68
LBB9.23
UBB17.71
13.1
+1.57 (+13.62%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryConsumer Staples Distribution & Retail
Performance
% Chg13.62%
1 Week10.36%
2 Weeks-16.45%
1 Month-24.32%
3 Month-31.49%
6 Month-24.45%
12 Month-49.48%
2 Year-53.64%
3 Year-60.04%
5 Year-61.85%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.11
ATR(20)%7.86%
ATR Inc7.58%
Range Today1.77
ADR(20)0.83
ADR(20)%6.31%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS8.49
Mansfield-3.56
10 Day High16.22
10 Day Low10.26
20 Day High17.69
20 Day Low10.26
52 Week High29.13
52 Week Low10.26
CS1 End11.31
CR1 Start15.91
Volume & EV
DER(3)5.51%
DER(5)4.69%
Volume4.49M
Volume Incr8.48%
Vol(5)3.34M
Vol(50)2.41M