Question 1

What implications does the 10-day RSI indicator have for GPI?

Accepted Answer

The 10-day RSI Indicator for GPI moved out of overbought territory on August 02, 2024. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 42 similar instances where the indicator moved out of overbought territory. In 30 of the 42 cases, the stock moved lower in the following days. This puts the odds of a move lower at 0%.

Question 2

What does the Stochastic Oscillator suggest about GPI's trend?

Accepted Answer

The Stochastic Oscillator entered the overbought zone. Expect a price pull-back in the foreseeable future.

Question 3

How did GPI's Momentum indicator behave recently?

Accepted Answer

GPI saw its Momentum Indicator move above the 0 level on August 16, 2024. This is an indication that the stock could be shifting in to a new upward move. Traders may want to consider buying the stock or buying call options. Tickeron's A.I.dvisor looked at 116 similar instances where the indicator turned positive. In 90 of the 116 cases, the stock moved higher in the following days. The odds of a move higher are at 0%.

Question 4

What does MACD indicator imply for GPI?

Accepted Answer

The Moving Average Convergence Divergence Histogram (MACD) for GPI turned negative on August 12, 2024. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 46 similar instances when the indicator turned negative. In 34 of the 46 cases the stock turned lower in the days that followed. This puts the odds of success at 0%.

Question 5

What does a 3-day price advance indicate for GPI?

Accepted Answer

Following a +0.80% 3-day Advance, the price is estimated to grow further. Considering data from situations where GPI advanced for three days, in 253 of 327 cases, the price rose further within the following month. The odds of a continued upward trend are 0%.

Question 6

What does a 3-day decline signify for GPI's future price movement?

Accepted Answer

Following a 3-day decline, the stock is projected to fall further. Considering past instances where GPI declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 68%.

Question 7

What does GPI breaking above its upper Bollinger Band indicate?

Accepted Answer

GPI broke above its upper Bollinger Band on July 31, 2024. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.

Question 8

How does the Aroon Indicator reflect on GPI's trend?

Accepted Answer

The Aroon Indicator entered an Uptrend today. In 175 of 240 cases where GPI Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 0%.

GPI Stock Group 1 Automotive (GPI, $309.48) Stochastic Oscillator left the oversold zone on June 06, 2024

Momentum Indicator for GPI turns positive, indicating new upward trend

General Information