GROUPON INC (GRPN) Technical Analysis
NASDAQ:GRPN • US3994732069
Current stock price
GRPN Technical Rating and Analysis
Taking everything into account, GRPN scores 4 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. GRPN was also a bad performer in the overall market in the last year.
- 77% of all other stocks performed better in the past year than GRPN.
- GRPN is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- GRPN has an average volume of 1792460 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- GRPN is an average performer in the Broadline Retail industry, it outperforms 48% of 30 stocks in the same industry.
- In the last month GRPN has a been trading in the 11.30 - 18.69 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
GRPN Weekly and Daily overview Charts
GRPN Setup Rating and Analysis
GRPN has an average technical rating and it also does not offer a high 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
GRPN Support and Resistance Analysis
9.69
2 important support areas can be observed.
- Support @14.20 from a horizontal line in the daily time frame.
- Support @9.79 from a trend line in the weekly time frame.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 14.90 to 14.94. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @15.74 from a trend line in the daily time frame.
- Resistance @16.27 from a trend line in the daily time frame.
- A resistance zone ranging from 16.66 to 16.69. This zone is formed by a combination of multiple trend lines in the daily time frame.
GRPN Technical Indicator Signal Analysis
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 | DOWN | NEGATIVE | The long term trend for GRPN is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for GRPN is up. |
| ChartMill Relative Strength | 23.28 | NEGATIVE | GRPN has a low relative strength, it was outperformed by 76.72% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of GRPN is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of GRPN is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of GRPN is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 58.36 | NEUTRAL | The RSI value for GRPN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests GRPN has a negative trend. |
| Stochastics (14,3) | 39.19 | NEUTRAL | The Stochastics value for GRPN is a neutral value. |
| Average True Range in percent/ATR (20) | 8.74 | HIGH VOLATILITY | The high ATR as a percentage value for GRPN suggests high volalility. |
| Average Directional Index/ADX (14) | 29.18 | POSITIVE | The high ADX value value for GRPN suggests a strong trend. |
GRPN Chart- and CandleStick Pattern Analysis
GRPN Technicals: Chart, Performance Metrics, Trend & Indicators
14.89
+0.68 (+4.79%)
GROUPON INC / GRPN TA FAQ
What is the technical rating for GRPN stock?
ChartMill assigns a technical rating of 4 / 10 to GRPN.
Can you provide the trend direction for GROUPON INC?
The current trend direction for GROUPON INC (GRPN) is Bearish.
What is the RSI signal for GROUPON INC (GRPN) stock?
GROUPON INC (GRPN) has an RSI value of 58.3603. This indicates that the stock is currently neutral.
What is the short term momentum for GROUPON INC (GRPN) stock?
The short term momentum for GROUPON INC (GRPN) is positive.
What is the buy/sell signal for GROUPON INC (GRPN) stock?
The buy/sell signal for GROUPON INC (GRPN) is hold as the short term and long term trends are mixed.