Taking everything into account, GPRO scores 2 out of 10 in our technical rating. GPRO has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
The technical rating of GPRO 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
1.43
We found 2 important support areas.
- A support zone ranging from 1.50 to 1.51. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 1.44 to 1.46. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 1.76 to 1.77. This zone is formed by a combination of multiple trend lines and important moving averages in the daily 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 GPRO is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for GPRO is down. |
| ChartMill Relative Strength | 52.88 | NEUTRAL | GPRO is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of GPRO is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of GPRO is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of GPRO is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 38.76 | NEUTRAL | The RSI value for GPRO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests GPRO has a negative trend. |
| Stochastics (14,3) | 23.87 | NEUTRAL | The Stochastics value for GPRO is a neutral value. |
| Average True Range in percent/ATR (20) | 7.54 | HIGH VOLATILITY | The high ATR as a percentage value for GPRO suggests high volalility. |
| Average Directional Index/ADX (14) | 16.77 | NEGATIVE | The low ADX value for GPRO suggests a weak or negative trend. |
1.55
-0.03 (-1.9%)
GOPRO INC-CLASS A / GPRO FAQ
What is the ChartMill technical rating of GOPRO INC-CLASS A (GPRO) stock?
ChartMill assigns a technical rating of 2 / 10 to GPRO.
Can you provide the trend direction for GOPRO INC-CLASS A?
The current trend direction for GOPRO INC-CLASS A (GPRO) is Bearish.
What is the RSI signal for GPRO stock?
GOPRO INC-CLASS A (GPRO) has an RSI value of 38.763. This indicates that the stock is currently neutral.
What is the short term momentum for GOPRO INC-CLASS A (GPRO) stock?
The short term momentum for GOPRO INC-CLASS A (GPRO) is negative.
Can you provide the support and resistance levels for GOPRO INC-CLASS A?
GOPRO INC-CLASS A (GPRO) has a support level at 1.51 and a resistance level at 1.76. Check the full technical report for our detailed analysis of GPRO support and resistance levels.