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. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, GRID is showing a nice and steady performance.
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 95% of all stocks. On top of that, GRID also shows a nice and consistent pattern of rising prices.
GRID is part of the Electronic Equipment, Instruments & Components industry. There are 15 other stocks in this industry. GRID outperforms 78% of them.
GRID is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so GRID is lagging the market slightly.
In the last month GRID has a been trading in the 2.80 - 3.68 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
GRID has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 3.31, a Stop Loss order could be placed below this zone.
More info and screens
1.67
3.35
5 important support areas can be observed.
- A support zone ranging from 3.27 to 3.31. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @2.72 from a trend line in the daily time frame.
- Support @2.07 from a trend line in the weekly time frame.
- Support @1.92 from a trend line in the daily 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 | 95.13 | POSITIVE | GRID.CA has a high relative strength, it outperformed 95.13% 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) | 60.7 | NEUTRAL | The RSI value for GRID.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests GRID.CA has a negative trend. |
| Stochastics (14,3) | 56.84 | NEUTRAL | The Stochastics value for GRID.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 5.66 | HIGH VOLATILITY | The high ATR as a percentage value for GRID.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 38.87 | POSITIVE | The high ADX value value for GRID.CA suggests a strong 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 |
|---|---|---|---|
| 3.57 | 3.26 | 0.31 (8.68%) | 11.52% |
| An entry @3.57. This is a Buy Stop order right above the 10 day high. | An exit @3.26. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.31 points, which is 8.68%. | For a 1.00% total portfolio risk, you can invest 11.52% 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 (7/23/2025, 7:00:00 PM)
3.32
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg0%
1 Week-1.48%
2 Weeks-5.68%
1 Month19.86%
3 Month58.1%
6 Month61.95%
12 Month147.76%
2 Year309.88%
3 Year137.14%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.18
ATR(20)%5.66%
ATR Inc-35.08%
Range Today0.07
ADR(20)0.18
ADR(20)%5.41%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS95.13
Mansfield5.48
10 Day High3.56
10 Day Low3.26
20 Day High3.68
20 Day Low2.8
52 Week High3.68
52 Week Low1.25
CS1 End3.31
CR1 StartN/A
Volume & EV
DER(3)0%
DER(5)0%
Volume65.84K
Volume Incr-41.73%
Vol(5)85.03K
Vol(50)92.63K