GROUPON INC. - 1H - Technical analysis published on 04/03/2020 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
A split or consolidation has occurred on this instrument. There is no more graph available on this analysis.
Summary of the analysis
Trends
Court terme:
Strongly bearish
De fond:
Strongly bearish
Technical indicators
17%
72%
11%
My opinion
Bearish under 0.760 USD
My targets
0.650 USD (-9.09%)
0.500 USD (-30.06%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on GROUPON INC. as long as the price remains well below 0.760 USD. The sellers” bearish objective is set at 0.650 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 0.500 USD. In case of crossing, the next objective would be the support located at 0.490 USD. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.
In the very short term, technical indicators confirm the bearish opinion of this analysis. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to a small rebound in the opposite direction.
FORCE
0
10
7.1
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The GROUPON INC. rating is 0.715 USD. The price is lower by -9.38% since the last closing with the lowest point at 0.711 USD and the highest point at 0.830 USD. The deviation from the price is +0.56% for the low point and -13.86% for the high point.0.711
0.830
0.715
The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by GROUPON INC.:
Abnormal volumes
Timeframe : 5 days
Abnormal volumes
Timeframe : 20 days
Abnormal volumes
Timeframe : 50 days
Technical
A technical analysis in 1H of this GROUPON INC. chart shows a sharp bearish trend. The signals given by moving averages are 85.71% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. An assessment of moving averages reveals a bearish signal that could impact this trend:
Bearish price crossover with adaptative moving average 100
Type : Bearish
Timeframe : 1 hour
The probability of a further decline is high given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
Pivot points : price is under support 1
Type : Neutral
Timeframe : 1 hour
Pivot points : price is under support 1
Type : Neutral
Timeframe : Weekly
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:
Horizontal support is broken
Type : Bearish
Timeframe : 1 hour
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S2
S1
R1
R2
R3
Price
| S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 0.490 | 0.650 | 0.715 | 0.810 | 0.970 | 1.280 |
| Change (%) | -31.47% | -9.09% | - | +13.29% | +35.66% | +79.02% |
| Change | -0.225 | -0.065 | - | +0.095 | +0.255 | +0.565 |
| Level | Major | Intermediate | - | Minor | Minor | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.626 | 0.703 | 0.746 | 0.823 | 0.866 | 0.943 | 0.986 |
| Camarilla | 0.756 | 0.767 | 0.778 | 0.789 | 0.800 | 0.811 | 0.822 |
| Woodie | 0.609 | 0.695 | 0.729 | 0.815 | 0.849 | 0.934 | 0.969 |
| Fibonacci | 0.703 | 0.749 | 0.777 | 0.823 | 0.869 | 0.897 | 0.943 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.090 | 0.240 | 0.760 | 1.090 | 1.610 | 1.940 | 2.460 |
| Camarilla | 1.046 | 1.124 | 1.202 | 1.280 | 1.358 | 1.436 | 1.514 |
| Woodie | 0.005 | 0.288 | 0.855 | 1.138 | 1.705 | 1.988 | 2.555 |
| Fibonacci | 0.240 | 0.565 | 0.765 | 1.090 | 1.415 | 1.615 | 1.940 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.440 | 0.020 | 0.500 | 0.960 | 1.440 | 1.900 | 2.380 |
| Camarilla | 0.722 | 0.808 | 0.894 | 0.980 | 1.066 | 1.153 | 1.239 |
| Woodie | -0.430 | 0.025 | 0.510 | 0.965 | 1.450 | 1.905 | 2.390 |
| Fibonacci | 0.020 | 0.379 | 0.601 | 0.960 | 1.319 | 1.541 | 1.900 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 31.49 | |
| MACD (12,26,9): | -0.0540 | |
| Directional Movement: | -14.623 | |
| AROON (14): | -92.857 | |
| DEMA (21): | 0.774 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.865 | |
| Elder Ray (13): | -0.076 | |
| Super Trend (3,10): | 0.866 | |
| Zig ZAG (10): | 0.723 | |
| VORTEX (21): | 0.6730 | |
| Stochastique (14,3,5): | 1.84 | |
| TEMA (21): | 0.722 | |
| Williams %R (14): | -100.00 | |
| Chande Momentum Oscillator (20): | -0.154 | |
| Repulse (5,40,3): | -13.3550 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.6750 | |
| Courbe Coppock: | 30.65 |
| MA7: | 0.943 | |
| MA20: | 0.812 | |
| MA50: | 1.695 | |
| MA100: | 2.192 | |
| MAexp7: | 0.766 | |
| MAexp20: | 0.838 | |
| MAexp50: | 0.872 | |
| MAexp100: | 0.898 | |
| Price / MA7: | -24.18% | |
| Price / MA20: | -11.95% | |
| Price / MA50: | -57.82% | |
| Price / MA100: | -67.38% | |
| Price / MAexp7: | -6.66% | |
| Price / MAexp20: | -14.68% | |
| Price / MAexp50: | -18.00% | |
| Price / MAexp100: | -20.38% |
News
The last news published on GROUPON INC. at the time of the generation of this analysis was as follows:
- MESA AIR GROUP ALERT: Bragar Eagel & Squire, P.C. is Investigating Mesa Air Group, Inc. on Behalf of Stockholders and Encourages Investors to Contact the Firm
- UBS Publishes Agenda for the Annual General Meeting of UBS Group AG on 29 April 2020
-
Groupon, Inc. - GRPN Stock Chart Technical Analysis for 03-27-2020
- HF FOODS ALERT: Bragar Eagel & Squire, P.C. is Investigating HF Foods Group, Inc. on Behalf of Stockholders and Encourages Investors to Contact the Firm
- Groupon Announces Management Transition
This member declared not having a position on this financial instrument or a related financial instrument.
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