GRPM in -1.93% downward trend, falling for three consecutive days on December 17, 2024
Moving lower for three straight days is viewed as a bearish sign. Keep an eye on this stock for future declines. Considering data from situations where GRPM declined for three days, in of 289 cases, the price declined further within the following month. The odds of a continued downward trend are .
Technical Analysis (Indicators)
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on December 06, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on GRPM as a result. In of 88 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
The Moving Average Convergence Divergence Histogram (MACD) for GRPM turned negative on December 05, 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 44 similar instances when the indicator turned negative. In of the 44 cases the stock turned lower in the days that followed. This puts the odds of success at .
GRPM moved below its 50-day moving average on December 16, 2024 date and that indicates a change from an upward trend to a downward trend.
Bullish Trend Analysis
The RSI Indicator entered the oversold zone -- be on the watch for GRPM's price rising or consolidating in the future. That's also the time to consider buying the stock or exploring call options.
The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 7 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where GRPM advanced for three days, in of 333 cases, the price rose further within the following month. The odds of a continued upward trend are .
GRPM may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
The Aroon Indicator entered an Uptrend today. In of 296 cases where GRPM Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
General Information
Category SmallBlend
| 1 Day | |||
|---|---|---|---|
| MFs / NAME | Price $ | Chg $ | Chg % |
| TADGX | 78.38 | -0.29 | -0.37% |
| T. Rowe Price Dividend Growth Advisor | |||
| EITMX | 113.73 | -0.44 | -0.39% |
| Eaton Vance Tx-Mgd Growth 1.1 I | |||
| IACIX | 11.81 | -0.10 | -0.84% |
| VY® American Century Sm-Mid Cp Val I | |||
| WCMJX | 12.30 | -0.13 | -1.05% |
| WCM SMID Quality Val Fd Investor | |||
| FRBAX | 32.35 | -0.63 | -1.91% |
| JHancock Regional Bank A | |||
GRPM and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, GRPM has been closely correlated with SMMD. These tickers have moved in lockstep 92% of the time. This A.I.-generated data suggests there is a high statistical probability that if GRPM jumps, then SMMD could also see price increases.
| Ticker / NAME | Correlation To GRPM | 1D Price Change % | ||
|---|---|---|---|---|
| GRPM | 100% | -1.34% | ||
| SMMD - GRPM | 92% Closely correlated | -1.10% | ||
| VB - GRPM | 88% Closely correlated | -1.15% | ||
| SCHA - GRPM | 86% Closely correlated | -1.17% | ||
| IWM - GRPM | 86% Closely correlated | -1.14% | ||
| SPSM - GRPM | 85% Closely correlated | -1.42% | ||
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