NASDAQ:GRI - Nasdaq - US3622AW4030 - Common Stock - Currency: USD
We assign a technical rating of 4 out of 10 to GRI. Recently some decent action could be observed, but in the medium term time frame this is still negative. GRI was also a bad performer in the overall market in the last year.
GRI has an average technical rating and it also does not offer a high 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.
1.20
3 important support areas can be observed.
We can see 2 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 GRI is down. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for GRI is up. |
ChartMill Relative Strength | 3.83 | NEGATIVE | GRI has a low relative strength, it was outperformed by 96.17% off all stocks on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of GRI is above the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of GRI is above the rising SMA(50). |
Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of GRI is below a declining SMA(200). |
Relative Strength Index/RSI (14) | 57.76 | NEUTRAL | The RSI value for GRI is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests GRI has a positive trend, although the MACD value is declining. |
Stochastics (14,3) | 79.36 | NEUTRAL | The Stochastics value for GRI is a neutral value. |
Average True Range in percent/ATR (20) | 9.06 | HIGH VOLATILITY | The high ATR as a percentage value for GRI suggests high volalility. |
Average Directional Index/ADX (14) | 27.05 | POSITIVE | The high ADX value value for GRI suggests a strong trend. |
1.96
-0.18 (-8.41%)