We assign a technical rating of 0 out of 10 to GRAB. GRAB's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Although the technical rating is bad, GRAB does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 5.15. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 5.04, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for GRAB in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
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4.33
2 important support areas can be observed.
- A support zone ranging from 4.80 to 5.04. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @4.37 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 5.15 to 5.19. This zone is formed by a combination of multiple trend lines and important moving averages in the daily 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 | NEUTRAL | NEUTRAL | The long term trend for GRAB is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for GRAB is down. |
| ChartMill Relative Strength | 28.79 | NEGATIVE | GRAB has a low relative strength, it was outperformed by 71.21% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of GRAB is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of GRAB is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of GRAB is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 46.59 | NEUTRAL | The RSI value for GRAB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests GRAB has a positive trend. |
| Stochastics (14,3) | 56 | NEUTRAL | The Stochastics value for GRAB is a neutral value. |
| Average True Range in percent/ATR (20) | 3.03 | MEDIUM VOLATILITY | The ATR as a percentage value for GRAB suggests some volalility. |
| Average Directional Index/ADX (14) | 18.62 | NEGATIVE | The low ADX value for GRAB suggests a weak or negative trend. |
5.13
+0.05 (+0.98%)
GRAB HOLDINGS LTD - CL A / GRAB FAQ
Can you provide the ChartMill technical rating for GRAB HOLDINGS LTD - CL A?
ChartMill assigns a technical rating of 0 / 10 to GRAB.
What is the trend direction for GRAB stock?
The current trend direction for GRAB HOLDINGS LTD - CL A (GRAB) is Bearish.
Can you provide the RSI signal for GRAB HOLDINGS LTD - CL A?
GRAB HOLDINGS LTD - CL A (GRAB) has an RSI value of 46.5908. This indicates that the stock is currently neutral.
What is the support and resistance level for GRAB stock?
GRAB HOLDINGS LTD - CL A (GRAB) has a support level at 5.04 and a resistance level at 5.15. Check the full technical report for our detailed analysis of GRAB support and resistance levels.