LON:GRG - London Exchange - GB00B63QSB39 - Common Stock - Currency: GBX
We assign a technical rating of 0 out of 10 to GRG. GRG scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The technical rating of GRG is bad and it also does not present a quality setup 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.
1,569.15
We can see 4 important resistance areas.
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 GRG.L is down. |
ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for GRG.L is down. |
ChartMill Relative Strength | 2.45 | NEGATIVE | GRG.L has a low relative strength, it was outperformed by 97.55% off all stocks on the market. |
Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of GRG.L is below a declining SMA(20). |
Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of GRG.L is below a declining SMA(50). |
Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of GRG.L is below a declining SMA(200). |
Relative Strength Index/RSI (14) | 28.22 | OVERSOLD | The low RSI value suggests GRG.L may be oversold. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -7.8 | NEGATIVE | The MACD value suggests GRG.L has a negative trend, although the MACD value is rising. |
Stochastics (14,3) | 29.29 | NEUTRAL | The Stochastics value for GRG.L is a neutral value. |
Average True Range in percent/ATR (20) | 3.06 | MEDIUM VOLATILITY | The ATR as a percentage value for GRG.L suggests some volalility. |
Average Directional Index/ADX (14) | 39.98 | POSITIVE | The high ADX value value for GRG.L suggests a strong trend. |
LON:GRG (8/1/2025, 5:29:58 PM)
1585
+5 (+0.32%)