GRAIL INC (GRAL) Stock Technical Analysis
NASDAQ:GRAL - Nasdaq - US3847471014 - Common Stock - Currency: USD
Taking everything into account, GRAL scores 8 out of 10 in our technical rating. In the last year, GRAL was one of the better performers, although we are getting mixed signals now in both the short and medium term time frames.
In the last month GRAL has a been trading in the 40.30 - 52.56 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
Looking at the yearly performance, GRAL did better than 97% of all other stocks. On top of that, GRAL also shows a nice and consistent pattern of rising prices.
GRAL is part of the Biotechnology industry. There are 558 other stocks in this industry. GRAL outperforms 95% of them.
GRAL has an average volume of 1485330 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
GRAL is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so GRAL is lagging the market.
Considerably lower volume is observed in the last couple of days.
GRAL has an excellent technical rating, but the quality of the setup is only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
26.05
51.62
When analyzing the support we can see 2 important areas.
- Support @28.40 from a trend line in the weekly time frame.
- Support @26.31 from a trend line in the daily time frame.
We found 1 important resistance area.
- Resistance @51.11 from a trend line 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 | UP | POSITIVE | The long term trend for GRAL is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for GRAL is neutral. |
| ChartMill Relative Strength | 97.63 | POSITIVE | GRAL has a high relative strength, it outperformed 97.63% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of GRAL is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of GRAL is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of GRAL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 44.36 | NEUTRAL | The RSI value for GRAL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1 | NEGATIVE | The MACD value suggests GRAL has a negative trend. |
| Stochastics (14,3) | 10.97 | OVERSOLD | The low Stochastics value suggests GRAL may be oversold. |
| Average True Range in percent/ATR (20) | 8.57 | HIGH VOLATILITY | The high ATR as a percentage value for GRAL suggests high volalility. |
| Average Directional Index/ADX (14) | 15.65 | NEGATIVE | The low ADX value for GRAL 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)
40.73
-2.66 (-6.13%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-6.13%
1 Week-12.82%
2 Weeks-17.52%
1 Month-7.16%
3 Month75.11%
6 Month129.72%
12 Month175.02%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)3.34
ATR(20)%8.57%
ATR Inc-19.35%
Range Today2.52
ADR(20)3.3
ADR(20)%8.1%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS97.63
Mansfield4.73
10 Day High52.56
10 Day Low40.3
20 Day High52.56
20 Day Low40.3
52 Week High63.99
52 Week Low12.33
CS1 End28.4
CR1 Start51.11
Volume & EV
DER(3)-1.63%
DER(5)-1.97%
Volume768.30K
Volume Incr-38.67%
Vol(5)951.16K
Vol(50)1.49M