Sell signal · week 8 under management
Groupon drops 9.3% and loses its averages, but the 100-week average halts the slide
Our view last week
Groupon stock jumps 11.6%, lifted by an 8% bounce off the daily 20-day average, and the price is back at the edge of the Inversion Point, in the 21.5 area. Weekly price action trading still flags strong distribution, though: money flow is worsening and has sat below zero for 6 weeks, while the MACD stays under its Signal line. Among US stocks, a mixed picture: the short is still in profit, with its lead now under 1%.
This week's summary
Groupon stock hands back 9.3% and wipes out nearly all of last week's jump: the price is under its 50-week average again and moving away from the Inversion Point, which was within reach 7 days ago. For price action trading there is still a sign of resilience, with the 100-week average halting the slide and a hammer on the daily chart. Among US stocks on a sell signal, the short is back above a 10% gain, with the MACD under its Signal line for 6 weeks.
IQS Phase
56
ordinary
Signal Strength
27
decline starting to make lower lows
Sizing
MINIMUM
Ranking
#94 / 175
US stocks
Trade P&L %
+10.23%
from signal to date, no stop loss
Groupon (GRPN) weekly chart — EMA50 · MACD · VWAP
Weekly chart · EMA50 · MACD · VWAP · Source: TradingView
Rank position
ranks 94th among the 175 sell signals for US stocks in our ranking, with a signal strength of 27 out of 100.
Sector context
SectorConsumer Discretionary
Benchmark ETFXLY
Sector regimeweak phase
Performanceweekly -0.47% · monthly -4.20%
GRPN belongs to the consumer discretionary sector (reference ETF XLY). The sector is classified weak phase according to our weekly reading.
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