GRAB HOLDINGS LTD - CL A (GRAB) Stock Technical Analysis
NASDAQ:GRAB - KYG4124C1096 - Common Stock
5.53 USD
+0.23 (+4.34%)
5.59 USD
+0.06 (+1.08%)
Overall GRAB gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, GRAB is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that GRAB is one of the better performing stocks in the market, outperforming 88% of all stocks.
GRAB is part of the Ground Transportation industry. There are 41 other stocks in this industry. GRAB outperforms 90% of them.
GRAB is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so GRAB is lagging the market slightly.
In the last month GRAB has a been trading in the 4.84 - 5.57 range, which is quite wide. It is currently trading near the high of this range.
GRAB has an average volume of 34578300 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although GRAB has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
4.08
5.59
3 important support areas can be observed.
- A support zone ranging from 5.00 to 5.13. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 4.76 to 4.80. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @4.12 from a trend line in the weekly time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for GRAB is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for GRAB is up. |
| ChartMill Relative Strength | 88.56 | POSITIVE | GRAB has a high relative strength, it outperformed 88.56% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of GRAB is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of GRAB is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of GRAB is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 70.9 | OVERBOUGHT | The high RSI value suggests GRAB may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests GRAB has a positive trend. |
| Stochastics (14,3) | 94.78 | OVERBOUGHT | The high Stochastics value suggests GRAB may be overbought. |
| Average True Range in percent/ATR (20) | 2.58 | MEDIUM VOLATILITY | The ATR as a percentage value for GRAB suggests some volalility. |
| Average Directional Index/ADX (14) | 17.08 | NEGATIVE | The low ADX value for GRAB suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
5.53
+0.23 (+4.34%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryGround Transportation
Performance
% Chg4.34%
1 Week9.5%
2 Weeks11.72%
1 Month8.01%
3 Month21.01%
6 Month25.68%
12 Month59.37%
2 Year56.21%
3 Year110.27%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.15
ATR(20)%2.58%
ATR Inc69.35%
Range Today0.35
ADR(20)0.14
ADR(20)%2.52%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS88.56
Mansfield0.69
10 Day High5.57
10 Day Low4.84
20 Day High5.57
20 Day Low4.84
52 Week High5.72
52 Week Low3.36
CS1 End5.13
CR1 StartN/A
Volume & EV
DER(3)5.73%
DER(5)4.9%
Volume85.01M
Volume Incr75.77%
Vol(5)45.21M
Vol(50)34.58M