GoPro Inc (NASDAQ:GPRO) Another Rally to Short

GoPro Inc (NASDAQ:GPRO) Another Rally to Short

GoPro Inc (NASDAQ:GPRO) Another Rally to Short

More Donkey than Unicorn GPRO continues to struggle financially.

Institutional Holders

% Shares Owned: 40.25%
# of Holders: 283
Total Shares Held: 41,004,323
3 Mo. Net Change: -283,620
# New Positions: 5
# Closed Positions: 9
# Increased Positions: 17
# Reduced Positions: 21
# Net Buyers: -4

GoPro closed up 0.250 at 11.570. Volume was 65% above average (neutral) and Bollinger Bands were 22% narrower than normal.

Open High Low Close Volume___
11.470 11.830 11.420 11.570 10,651,708

Technical Outlook
Short Term: Neutral
Intermediate Term: Bearish
Long Term: Bearish

Moving Averages: 10-period 50-period 200-period
Close: 11.45 10.69 14.75
Volatility: 56 63 89
Volume: 6,231,435 5,913,358 7,571,643

Short-term traders should pay closer attention to buy/sell arrows while intermediate/long-term traders should place greater emphasis on the Bullish or Bearish trend reflected in the lower ribbon.


GOPRO INC A is currently 21.6% below its 200-period moving average and is in an downward trend. Volatility is low as compared to the average volatility over the last 10 periods. Our volume indicators reflect volume flowing into and out of GPRO.O at a relatively equal pace (neutral). Our trend forecasting oscillators are currently bearish on GPRO.O and have had this outlook for the last 3 periods.

Growth Rates

Company industry sector
Sales (MRQ) vs Qtr. 1 Yr. Ago -49.45 -5.36 6.52
Sales (TTM) vs TTM 1 Yr. Ago -5.34 -3.46 5.86
Sales – 5 Yr. Growth Rate 0.31 7.43
EPS (MRQ) vs Qtr. 1 Yr. Ago -792.93 3,925.06 341.99
EPS (TTM) vs TTM 1 Yr. Ago -195.52
EPS – 5 Yr. Growth Rate -6.16 6.60
Capital Spending – 5 Yr. Growth Rate 1.11 4.81



omentum is a general term used to describe the speed at which prices move over a given time period. Generally, changes in momentum tend to lead to changes in prices. This expert shows the current values of four popular momentum indicators.

Stochastic Oscillator

One method of interpreting the Stochastic Oscillator is looking for overbought areas (above 80) and oversold areas (below 20). The Stochastic Oscillator is 58.9844. This is not an overbought or oversold reading. The last signal was a buy 2 period(s) ago.

Relative Strength Index (RSI)

The RSI shows overbought (above 70) and oversold (below 30) areas. The current value of the RSI is 54.74. This is not a topping or bottoming area. A buy or sell signal is generated when the RSI moves out of an overbought/oversold area. The last signal was a buy 46 period(s) ago.

Commodity Channel Index (CCI)

The CCI shows overbought (above 100) and oversold (below -100) areas. The current value of the CCI is -10. This is not a topping or bottoming area. The last signal was a sell 8 period(s) ago.


The Moving Average Convergence/Divergence indicator (MACD) gives signals when it crosses its 9 period signal line. The last signal was a sell 5 period(s) ago.

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Shayne Heffernan Funds Manager at HEFFX holds a Ph.D. in Economics and brings with him over 25 years of trading experience in Asia and hands on experience in Venture Capital, he has been involved in several start ups that have seen market capitalization over $500m and 1 that reach a peak market cap of $15b. He has managed and overseen start ups in Mining, Shipping, Technology and Financial Services.

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