LON:GRG - GB00B63QSB39 - Common Stock
We assign a technical rating of 1 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.
GRG has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 1642.01. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for GRG in the last couple of days, which is a good sign.
1,551.32
We found 2 important support areas.
2 important resistance areas can be observed.
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 | NEUTRAL | NEUTRAL | The short term trend for GRG.L is neutral. |
ChartMill Relative Strength | 2.59 | NEGATIVE | GRG.L has a low relative strength, it was outperformed by 97.41% off all stocks on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of GRG.L is above the rising 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) | 54.13 | NEUTRAL | The RSI value for GRG.L is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 10.27 | POSITIVE | The MACD value suggests GRG.L has a positive trend. |
Stochastics (14,3) | 77.1 | NEUTRAL | The Stochastics value for GRG.L is a neutral value. |
Average True Range in percent/ATR (20) | 2.09 | MEDIUM VOLATILITY | The ATR as a percentage value for GRG.L suggests some volalility. |
Average Directional Index/ADX (14) | 33.53 | POSITIVE | The high ADX value value for GRG.L suggests a strong trend. |
LON:GRG (9/8/2025, 5:29:50 PM)
1642
+15 (+0.92%)