GRAB HOLDINGS LTD - CL A (GRAB) Technical Analysis
NASDAQ:GRAB • KYG4124C1096
Current stock price
GRAB Technical Rating and Analysis
Taking everything into account, GRAB scores 0 out of 10 in our technical rating. GRAB scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 86% of all other stocks performed better in the past year than GRAB.
- GRAB is part of the Ground Transportation industry. There are 42 other stocks in this industry, of which 70% are performing better than GRAB.
- GRAB is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so GRAB is lagging the market.
- In the last month GRAB has a been trading in the 3.66 - 4.50 range, which is quite wide. It is currently trading near the lows of this range.
- GRAB has an average volume of 48154100 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Considerably lower volume is observed in the last couple of days.
GRAB Weekly and Daily overview Charts
GRAB Setup Rating and Analysis
GRAB has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 3.67, a Stop Loss order could be placed below this zone.
More info and screens
GRAB Support and Resistance Analysis
3.63
When analyzing the support we notice one important area.
- A support zone ranging from 3.67 to 3.67. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 3.82 to 3.86. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @4.11 from a trend line in the daily time frame.
GRAB Technical Indicator Signal Analysis
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 | DOWN | NEGATIVE | The long term trend for GRAB is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for GRAB is down. |
| ChartMill Relative Strength | 14.89 | NEGATIVE | GRAB has a low relative strength, it was outperformed by 85.11% 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) | DOWN | NEGATIVE | The current price of GRAB is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 31.41 | NEUTRAL | The RSI value for GRAB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests GRAB has a negative trend. |
| Stochastics (14,3) | 11.59 | OVERSOLD | The low Stochastics value suggests GRAB may be oversold. |
| Average True Range in percent/ATR (20) | 4.18 | MEDIUM VOLATILITY | The ATR as a percentage value for GRAB suggests some volalility. |
| Average Directional Index/ADX (14) | 26.71 | POSITIVE | The high ADX value value for GRAB suggests a strong trend. |
GRAB Chart- and CandleStick Pattern Analysis
GRAB Technicals: Chart, Performance Metrics, Trend & Indicators
3.68
-0.07 (-1.87%)
GRAB HOLDINGS LTD - CL A / GRAB TA FAQ
Can you provide the ChartMill technical rating for GRAB HOLDINGS LTD - CL A?
ChartMill assigns a technical rating of 0 / 10 to GRAB.
Can you provide the trend direction for GRAB HOLDINGS LTD - CL A?
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 31.4078. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for GRAB HOLDINGS LTD - CL A?
The buy/sell signal for GRAB HOLDINGS LTD - CL A (GRAB) is sell as both the short term and long term trends are negative.
What is the support and resistance level for GRAB stock?
GRAB HOLDINGS LTD - CL A (GRAB) has a support level at 3.67 and a resistance level at 3.82. Check the full technical report for our detailed analysis of GRAB support and resistance levels.