GOPRO INC. - 1H - Technical analysis published on 10/18/2021 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Neutral
Technical indicators
44%
17%
39%
My opinion
Bullish above 8.80 USD
My targets
9.32 USD (+3.33%)
9.51 USD (+5.43%)
My analysis
The current short-term bullish acceleration on GOPRO INC. should quickly allow the basic trend to return to bullish. To avoid contradicting the short term, traders may prefer long positions (at the time of purchase) as long as the price remains well above 8.80 USD. Short-term buyers will use the resistance located at 9.32 USD as an objective. A bullish break in this resistance would boost the bullish momentum. The next bullish objective would then be set at 9.51 USD. Crossing this resistance would then open the door for buyers to target 9.90 USD. Caution, if there is a return to under 8.80 USD, it should not be forgotten that the basic trend is not yet clearly defined. Beware of against the trend sellers, many of whom will certainly benefit from this movement.
In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
2.3
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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 GOPRO INC. price is 9.02 USD. The price registered an increase of +2.15% on the session and was between 8.75 USD and 9.03 USD. This implies that the price is at +3.09% from its lowest and at -0.11% from its highest.8.75
9.03
9.02
A bearish gap was detected at the opening by the Central Gaps scanner. There are a lot of sellers and they have the upper hand in the very short term.
Opening Gap DOWN
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by GOPRO INC.:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of GOPRO INC. in 1H shows a neutral overall trend. The trend could quickly turn bullish due to the strong bullish signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting several bullish signals that could impact this trend:
Bullish trend reversal : Moving Average 20
Type : Bullish
Timeframe : 1 hour
Bullish trend reversal : Moving Average 50
Type : Bullish
Timeframe : 1 hour
Bullish price crossover with adaptative moving average 20
Type : Bullish
Timeframe : 1 hour
Bullish price crossover with adaptative moving average 50
Type : Bullish
Timeframe : 1 hour
In fact, only 8 technical indicators out of 18 studied are currently bullish. The Central Indicators scanner found this result concerning these indicators:
Price is back over the pivot point
Type : Bullish
Timeframe : 1 hour
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 | 8.12 | 8.65 | 8.80 | 9.02 | 9.32 | 9.51 | 9.90 |
| Change (%) | -9.98% | -4.10% | -2.44% | - | +3.33% | +5.43% | +9.76% |
| Change | -0.90 | -0.37 | -0.22 | - | +0.30 | +0.49 | +0.88 |
| Level | Minor | Intermediate | Minor | - | Major | Minor | Major |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 8.42 | 8.62 | 8.73 | 8.93 | 9.04 | 9.24 | 9.35 |
| Camarilla | 8.75 | 8.77 | 8.80 | 8.83 | 8.86 | 8.89 | 8.92 |
| Woodie | 8.37 | 8.60 | 8.68 | 8.91 | 8.99 | 9.22 | 9.30 |
| Fibonacci | 8.62 | 8.74 | 8.82 | 8.93 | 9.05 | 9.13 | 9.24 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 8.12 | 8.38 | 8.61 | 8.87 | 9.10 | 9.36 | 9.59 |
| Camarilla | 8.70 | 8.74 | 8.79 | 8.83 | 8.88 | 8.92 | 8.97 |
| Woodie | 8.10 | 8.37 | 8.59 | 8.86 | 9.08 | 9.35 | 9.57 |
| Fibonacci | 8.38 | 8.57 | 8.69 | 8.87 | 9.06 | 9.18 | 9.36 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 7.92 | 8.55 | 8.95 | 9.58 | 9.98 | 10.61 | 11.01 |
| Camarilla | 9.08 | 9.17 | 9.27 | 9.36 | 9.45 | 9.55 | 9.64 |
| Woodie | 7.82 | 8.49 | 8.85 | 9.52 | 9.88 | 10.55 | 10.91 |
| Fibonacci | 8.55 | 8.94 | 9.18 | 9.58 | 9.97 | 10.21 | 10.61 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 55.63 | |
| MACD (12,26,9): | 0.0000 | |
| Directional Movement: | -0.09 | |
| AROON (14): | -50.00 | |
| DEMA (21): | 8.92 | |
| Parabolic SAR (0,02-0,02-0,2): | 9.07 | |
| Elder Ray (13): | -0.02 | |
| Super Trend (3,10): | 9.12 | |
| Zig ZAG (10): | 8.97 | |
| VORTEX (21): | 0.9800 | |
| Stochastique (14,3,5): | 31.47 | |
| TEMA (21): | 8.91 | |
| Williams %R (14): | -44.73 | |
| Chande Momentum Oscillator (20): | -0.03 | |
| Repulse (5,40,3): | 1.5400 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0100 | |
| Courbe Coppock: | 2.18 |
| MA7: | 8.85 | |
| MA20: | 9.23 | |
| MA50: | 9.67 | |
| MA100: | 10.35 | |
| MAexp7: | 8.94 | |
| MAexp20: | 8.94 | |
| MAexp50: | 8.97 | |
| MAexp100: | 9.09 | |
| Price / MA7: | +1.92% | |
| Price / MA20: | -2.28% | |
| Price / MA50: | -6.72% | |
| Price / MA100: | -12.85% | |
| Price / MAexp7: | +0.89% | |
| Price / MAexp20: | +0.89% | |
| Price / MAexp50: | +0.56% | |
| Price / MAexp100: | -0.77% |
Quotes :
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15 min delayed data
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NASDAQ Stocks
News
The latest news and videos published on GOPRO INC. at the time of the analysis were as follows:
- GoPro Announces Third Quarter 2021 Earnings Webcast
- GoPro Appoints Shaz Kahng to Board of Directors
- GoPro's New HERO10 Black Camera Delivers Breakthrough Image Quality and 2X Speed with Ease
- GoPro's US Patent Portfolio Surpasses 1,000 Granted Patents
- GoPro to Present at Upcoming Investor Conference
This member declared not having a position on this financial instrument or a related financial instrument.
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