GOPRO INC. - Daily - Technical analysis published on 01/20/2021 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
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
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This analysis was given by sergio ronconi. Take part yourself by sharing additional analysis on another time unit:
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.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
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:
CCI indicator: bearish divergence
Type : Bearish
Timeframe : Daily
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
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
S3 | S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|---|
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 |
---|---|---|---|---|---|---|---|
Standard | 8.09 | 8.38 | 8.63 | 8.92 | 9.17 | 9.46 | 9.71 |
Camarilla | 8.74 | 8.79 | 8.84 | 8.89 | 8.94 | 8.99 | 9.04 |
Woodie | 7.90 | 8.17 | 8.45 | 8.72 | 9.00 | 9.45 | 9.70 |
Fibonacci | 8.17 | 8.38 | 8.51 | 8.72 | 8.93 | 9.06 | 9.27 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 6.79 | 7.47 | 8.10 | 8.78 | 9.41 | 10.09 | 10.72 |
Camarilla | 8.36 | 8.48 | 8.60 | 8.72 | 8.84 | 8.96 | 9.08 |
Woodie | 6.75 | 7.46 | 8.07 | 8.77 | 9.38 | 10.08 | 10.69 |
Fibonacci | 7.47 | 7.97 | 8.28 | 8.78 | 9.28 | 9.59 | 10.09 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 5.08 | 6.07 | 7.18 | 8.17 | 9.28 | 10.27 | 11.38 |
Camarilla | 7.70 | 7.90 | 8.09 | 8.28 | 8.47 | 8.67 | 8.86 |
Woodie | 5.13 | 6.10 | 7.23 | 8.20 | 9.33 | 10.30 | 11.43 |
Fibonacci | 6.07 | 6.88 | 7.37 | 8.17 | 8.98 | 9.47 | 10.27 |
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
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15 min delayed data
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NASDAQ Stocks
News
The last news published on GOPRO INC. at the time of the generation of this analysis was as follows:
- GoPro Schedules Fourth Quarter and Full Year 2020 Financial Results for February 4, 2021
- New GoPro Labs Firmware Launches, Unlocking Advanced Features for GoPro Cameras
- HERO9 Black Firmware Update Delivers New GoPro Remote Compatibility, Up to 30% Faster Content Transfer Speeds to Phones, Improved HyperSmooth 3.0 Cold Weather Performance, Slo-Mo Shortcut, External Mic Support and More
- GoPro Releases 2020 HERO9 Black Million Dollar Challenge Video, Announces Winners
- GoPro Rings in December with Subscription and Sales Milestones
This member declared not having a position on this financial instrument or a related financial instrument.
About author
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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