Group 1 Automotive Stock Technical Analysis

GPI Stock  USD 408.66  6.93  1.73%   
As of the 22nd of November, Group 1 retains the Market Risk Adjusted Performance of 0.1308, risk adjusted performance of 0.0796, and Downside Deviation of 1.75. Group 1 technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices.

Group 1 Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Group, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Group
  
Group 1's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.

Group 1 Analyst Consensus

Target PriceAdvice# of Analysts
328.0Strong Buy8Odds
Group 1 Automotive current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Group analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Group stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Group 1 Automotive, talking to its executives and customers, or listening to Group conference calls.
Group Analyst Advice Details
Group 1 technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Group 1 technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Group 1 trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Group 1 Automotive Technical Analysis

Indicator
Time Period
Execute Indicator
The output start index for this execution was thirty with a total number of output elements of thirty-one. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Group 1 Automotive volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Group 1 Automotive Trend Analysis

Use this graph to draw trend lines for Group 1 Automotive. You can use it to identify possible trend reversals for Group 1 as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Group 1 price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Group 1 Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Group 1 Automotive applied against its price change over selected period. The best fit line has a slop of   0.55  , which may imply that Group 1 Automotive will maintain its good market sentiment and make money for investors. It has 122 observation points and a regression sum of squares at 11403.11, which is the sum of squared deviations for the predicted Group 1 price change compared to its average price change.

About Group 1 Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Group 1 Automotive on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Group 1 Automotive based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Group 1 Automotive price pattern first instead of the macroeconomic environment surrounding Group 1 Automotive. By analyzing Group 1's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Group 1's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Group 1 specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2021 2023 (projected)
Dividend Yield0.0069340.006044
Price To Sales Ratio0.260.23

Group 1 November 22, 2024 Technical Indicators

Most technical analysis of Group help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Group from various momentum indicators to cycle indicators. When you analyze Group charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

Group 1 November 22, 2024 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Group stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.

Complementary Tools for Group Stock analysis

When running Group 1's price analysis, check to measure Group 1's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Group 1 is operating at the current time. Most of Group 1's value examination focuses on studying past and present price action to predict the probability of Group 1's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Group 1's price. Additionally, you may evaluate how the addition of Group 1 to your portfolios can decrease your overall portfolio volatility.
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