GOPRO INC.
GOPRO INC.
- USD (-)
- 15 min delayed data - NASDAQ Stocks
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: GPRO
ISIN:

GOPRO INC. - Daily - Technical analysis published on 01/20/2021 (GMT)

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  • Timeframe : Daily
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Summary of the analysis

Trends
Court terme: Strongly bullish
De fond: Strongly bullish
Technical indicators
56%
17%
28%
My opinion
Bullish above 8.86 USD
My targets
9.39 USD (+2.74%)
10.67 USD (+16.74%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on GOPRO INC. as long as the price remains well above 8.86 USD. The buyers” bullish objective is set at 9.39 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 10.67 USD. If there is any crossing, the next objective would be the resistance located at 11.69 USD. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

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
7.3

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by sergio ronconi. Take part yourself by sharing additional analysis on another time unit:
15 min. 1H Weekly

Additional analysis

Quotes

The GOPRO INC. price is 9.14 USD. The price has increased by +2.81% since the last closing with the lowest point at 8.95 USD and the highest point at 9.25 USD. The deviation from the price is +2.12% for the low point and -1.19% for the high point.

8.95
9.25
9.14

The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



A study of price movements over other periods shows the following variations:
The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Central Records

Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of this Daily chart of GOPRO INC. indicates that the overall trend is strongly bullish. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

An assessment of technical indicators shows a moderate bullish signal.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator: bearish divergence

Type : Bearish

Timeframe : Daily


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Central Indicators

MACD crosses DOWN its Moving Average

Type : Bearish

Timeframe : Daily


Williams %R indicator is back under -50

Type : Bearish

Timeframe : Daily



The analysis of the price chart with Central Patterns scanners does not return any result.

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 5.85 7.31 8.86 9.14 9.39 10.67 11.69
Change (%) -36.00% -20.02% -3.06% - +2.74% +16.74% +27.90%
Change -3.29 -1.83 -0.28 - +0.25 +1.53 +2.55
Level Intermediate Major Major - Major Minor Major



Attention could also be paid to pivot points to set price objectives:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard8.098.388.638.929.179.469.71
Camarilla8.748.798.848.898.948.999.04
Woodie7.908.178.458.729.009.459.70
Fibonacci8.178.388.518.728.939.069.27


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard6.797.478.108.789.4110.0910.72
Camarilla8.368.488.608.728.848.969.08
Woodie6.757.468.078.779.3810.0810.69
Fibonacci7.477.978.288.789.289.5910.09


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard5.086.077.188.179.2810.2711.38
Camarilla7.707.908.098.288.478.678.86
Woodie5.136.107.238.209.3310.3011.43
Fibonacci6.076.887.378.178.989.4710.27

Numerical data


The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators
Moving averages

RSI (14): 60.19
MACD (12,26,9): 0.2500
Directional Movement: 8.49
AROON (14): 35.71
DEMA (21): 9.03
Parabolic SAR (0,02-0,02-0,2): 8.14
Elder Ray (13): 0.18
Super Trend (3,10): 7.62
Zig ZAG (10): 8.89
VORTEX (21): 1.0100
Stochastique (14,3,5): 58.73
TEMA (21): 8.88
Williams %R (14): -39.46
Chande Momentum Oscillator (20): 0.63
Repulse (5,40,3): -1.7200
ROCnROLL: 1
TRIX (15,9): 0.4200
Courbe Coppock: 7.89
MA7: 8.89
MA20: 8.65
MA50: 8.11
MA100: 6.67
MAexp7: 8.84
MAexp20: 8.69
MAexp50: 8.05
MAexp100: 7.13
Price / MA7: +2.81%
Price / MA20: +5.66%
Price / MA50: +12.70%
Price / MA100: +37.03%
Price / MAexp7: +3.39%
Price / MAexp20: +5.18%
Price / MAexp50: +13.54%
Price / MAexp100: +28.19%

Quotes : 2021-01-20 14:49:32 - 15 min delayed data - NASDAQ Stocks

This member declared not having a position on this financial instrument or a related financial instrument.

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