We assign a technical rating of 0 out of 10 to GROM. GROM's overall performance in the market is below average. Also 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.
When comparing the yearly performance of all stocks, GROM is a bad performer in the overall market: 100% of all stocks are doing better.
GROM is one of the lesser performing stocks in the Entertainment industry. 92% of 72 stocks in the same industry do better.
GROM is currently trading near the lower end of its 52 week range, which is not a good sign. GROM is lagging the S&P500 Index which is trading in the middle of its 52 week range.
In the last month GROM has a been trading in the 0.13 - 0.39 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.