GROUPON INC. - Daily - Technical analysis published on 12/06/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
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 bullish
De fond:
Bullish
Technical indicators
56%
11%
33%
My opinion
Bullish above 2.72 USD
My targets
3.00 USD (+2.04%)
3.38 USD (+14.97%)
My analysis
GROUPON INC. is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 2.72 USD. The next resistance located at 3.00 USD is the next bullish target to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 3.38 USD. After this resistance, buyers could then target 3.58 USD.
Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
FORCE
0
10
5.7
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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
GROUPON INC. rating 2.94 USD. The price has increased by +1.73% since the last closing and was traded between 2.85 USD and 2.99 USD over the period. The price is currently at +3.16% from its lowest and -1.67% from its highest.2.85
2.99
2.94
The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bearish opening
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Technical
Technical analysis of this Daily chart of GROUPON INC. indicates that the overall trend is bullish. The signals returned by the moving averages are 75% bullish. This bullish trend is reinforced by the strong signals currently being given by short-term moving averages. The Central Indicators scanner detects bullish signals on moving averages that could impact this trend:
Bullish trend reversal : Moving Average 50
Type : Bullish
Timeframe : Daily
Bullish trend reversal : adaptative moving average 20
Type : Bullish
Timeframe : Daily
Bullish trend reversal : adaptative moving average 50
Type : Bullish
Timeframe : Daily
Moving Average bullish crossovers : MA50 & MA100
Type : Bullish
Timeframe : Daily
Bullish price crossover with Moving Average 20
Type : Bullish
Timeframe : Daily
Bullish price crossover with Moving Average 50
Type : Bullish
Timeframe : Daily
Bullish price crossover with Moving Average 100
Type : Bullish
Timeframe : Daily
Bullish price crossover with adaptative moving average 20
Type : Bullish
Timeframe : Daily
Bullish price crossover with adaptative moving average 50
Type : Bullish
Timeframe : Daily
An assessment of technical indicators shows a moderate bullish signal.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator: bullish divergence
Type : Bullish
Timeframe : Daily
MACD indicator: bullish divergence
Type : Bullish
Timeframe : Daily
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
RSI indicator is back over 50
Type : Bullish
Timeframe : Daily
Ichimoku : price is over the cloud
Type : Bullish
Timeframe : Daily
Price is back over the pivot point
Type : Bullish
Timeframe : Daily
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Williams %R indicator is back over -50
Type : Bullish
Timeframe : Daily
The analysis of the price chart with Central Patterns scanners does not return any result.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 2.32 | 2.56 | 2.72 | 2.94 | 3.00 | 3.38 | 3.58 |
| Change (%) | -21.09% | -12.93% | -7.48% | - | +2.04% | +14.97% | +21.77% |
| Change | -0.62 | -0.38 | -0.22 | - | +0.06 | +0.44 | +0.64 |
| Level | Major | Minor | Major | - | Major | Intermediate | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 2.70 | 2.75 | 2.82 | 2.87 | 2.95 | 3.00 | 3.07 |
| Camarilla | 2.86 | 2.87 | 2.88 | 2.90 | 2.91 | 2.92 | 2.93 |
| Woodie | 2.71 | 2.75 | 2.83 | 2.88 | 2.96 | 3.00 | 3.08 |
| Fibonacci | 2.75 | 2.80 | 2.83 | 2.87 | 2.92 | 2.95 | 3.00 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 2.63 | 2.71 | 2.80 | 2.88 | 2.97 | 3.05 | 3.14 |
| Camarilla | 2.85 | 2.87 | 2.88 | 2.90 | 2.92 | 2.93 | 2.95 |
| Woodie | 2.65 | 2.71 | 2.82 | 2.88 | 2.99 | 3.05 | 3.16 |
| Fibonacci | 2.71 | 2.77 | 2.81 | 2.88 | 2.94 | 2.98 | 3.05 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 2.43 | 2.57 | 2.74 | 2.88 | 3.05 | 3.19 | 3.36 |
| Camarilla | 2.82 | 2.84 | 2.87 | 2.90 | 2.93 | 2.96 | 2.99 |
| Woodie | 2.44 | 2.58 | 2.75 | 2.89 | 3.06 | 3.20 | 3.37 |
| Fibonacci | 2.57 | 2.69 | 2.77 | 2.88 | 3.00 | 3.08 | 3.19 |
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): | 54.42 | |
| MACD (12,26,9): | 0.0000 | |
| Directional Movement: | 1.94 | |
| AROON (14): | -28.57 | |
| DEMA (21): | 2.88 | |
| Parabolic SAR (0,02-0,02-0,2): | 2.72 | |
| Elder Ray (13): | 0.04 | |
| Super Trend (3,10): | 3.09 | |
| Zig ZAG (10): | 2.94 | |
| VORTEX (21): | 1.0100 | |
| Stochastique (14,3,5): | 51.08 | |
| TEMA (21): | 2.86 | |
| Williams %R (14): | -29.03 | |
| Chande Momentum Oscillator (20): | 0.09 | |
| Repulse (5,40,3): | 3.7500 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | -0.0200 | |
| Courbe Coppock: | 3.40 |
| MA7: | 2.87 | |
| MA20: | 2.88 | |
| MA50: | 2.85 | |
| MA100: | 2.84 | |
| MAexp7: | 2.88 | |
| MAexp20: | 2.88 | |
| MAexp50: | 2.87 | |
| MAexp100: | 2.93 | |
| Price / MA7: | +2.44% | |
| Price / MA20: | +2.08% | |
| Price / MA50: | +3.16% | |
| Price / MA100: | +3.52% | |
| Price / MAexp7: | +2.08% | |
| Price / MAexp20: | +2.08% | |
| Price / MAexp50: | +2.44% | |
| Price / MAexp100: | +0.34% |
News
Don"t forget to follow the news on GROUPON INC.. At the time of publication of this analysis, the latest news was as follows:
- Groupon to Webcast Third Quarter 2019 Financial Results Conference Call
- Groupon Expands MINDBODY Partnership—Connecting Users with Thousands More Bookable Fitness, Beauty and Wellness Experiences in Their Local Neighborhoods
- Survey: More Than Half of Women Small Business Owners Had to Overcome Greater Obstacles Than Their Male Counterparts
- Groupon Partners with DerbySoft to Make Finding and Booking a Hotel Room Even Easier
- Groupon Partners with Rogers Park Business Alliance to Draw More Chicagoans into the Neighborhood’s Small Businesses
This member declared not having a position on this financial instrument or a related financial instrument.
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