TANTALUS SYSTEMS HOLDING INC (GRID.CA) Stock Technical Analysis
TSX:GRID - Toronto Stock Exchange - CA87601F1062 - Common Stock - Currency: CAD
We assign a technical rating of 10 out of 10 to GRID. Both in the recent history as in the last year, GRID has proven to be a steady performer, scoring decent points in every aspect analyzed.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that GRID is one of the better performing stocks in the market, outperforming 89% of all stocks.
GRID is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so GRID is performing more or less in line with the market.
GRID is an average performer in the Electronic Equipment, Instruments & Components industry, it outperforms 53% of 14 stocks in the same industry.
In the last month GRID has a been trading in the 2.07 - 2.49 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Besides having an excellent technical rating, GRID also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price.
More info and screens
1.67
2.42
We found 5 important support areas.
- A support zone ranging from 2.26 to 2.29. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 2.11 to 2.15. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @1.99 from a trend line in the daily time frame.
- Support @1.95 from a trend line in the weekly time frame.
- Support @1.69 from a horizontal 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 GRID.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for GRID.CA is up. |
| ChartMill Relative Strength | 89.41 | POSITIVE | GRID.CA has a high relative strength, it outperformed 89.41% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of GRID.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of GRID.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of GRID.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 62.12 | NEUTRAL | The RSI value for GRID.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests GRID.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 74.33 | NEUTRAL | The Stochastics value for GRID.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 4.75 | MEDIUM VOLATILITY | The ATR as a percentage value for GRID.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 21.7 | NEUTRAL | The ADX value for GRID.CA suggests a possible start of a new 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 2.43 | 2.25 | 0.18 (7.41%) | 13.50% |
| An entry @2.43. This is a Buy Stop order right above the 10 day high. | An exit @2.25. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.18 points, which is 7.41%. | For a 1.00% total portfolio risk, you can invest 13.50% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
TSX:GRID (5/30/2025, 7:00:00 PM)
2.4
+0.01 (+0.42%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg0.42%
1 Week8.11%
2 Weeks3.45%
1 Month2.13%
3 Month31.87%
6 Month40.35%
12 Month48.15%
2 Year196.3%
3 Year93.55%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.11
ATR(20)%4.75%
ATR Inc-4.94%
Range Today0.1
ADR(20)0.11
ADR(20)%4.69%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS89.41
Mansfield3.32
10 Day High2.42
10 Day Low2.07
20 Day High2.49
20 Day Low2.07
52 Week High2.49
52 Week Low1.2
CS1 End2.29
CR1 StartN/A
Volume & EV
DER(3)-7.33%
DER(5)-4.85%
Volume12.90K
Volume Incr-79.5%
Vol(5)24.01K
Vol(50)77.48K