TANTALUS SYSTEMS HOLDING INC (GRID.CA) Stock Technical Analysis
TSX:GRID • CA87601F1062
Taking everything into account, GRID scores 8 out of 10 in our technical rating. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
- In the last month GRID has a been trading in the 4.74 - 5.84 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- When comparing the yearly performance of all stocks, we notice that GRID is one of the better performing stocks in the market, outperforming 84% of all stocks. We also observe that the gains produced by GRID over the past year are nicely spread over this period.
- GRID is part of the Electronic Equipment, Instruments & Components industry. There are 15 other stocks in this industry. GRID outperforms 85% 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.
- The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
Although GRID has an excellent technical rating, it does not present a decent entry opportunity 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.
More info and screens
2.65
When analyzing the support we can see 4 important areas.
- A support zone ranging from 4.75 to 4.78. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @3.93 from a trend line in the weekly time frame.
- Support @3.72 from a trend line in the daily time frame.
- Support @2.68 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 5.18 to 5.23. This zone is formed by a combination of multiple trend lines and important moving averages 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 | DOWN | NEGATIVE | The short term trend for GRID.CA is down. |
| ChartMill Relative Strength | 84.59 | POSITIVE | GRID.CA has a high relative strength, it outperformed 84.59% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of GRID.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of GRID.CA is below 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) | 40.11 | NEUTRAL | The RSI value for GRID.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.1 | NEGATIVE | The MACD value suggests GRID.CA has a negative trend. |
| Stochastics (14,3) | 3.93 | OVERSOLD | The low Stochastics value suggests GRID.CA may be oversold. |
| Average True Range in percent/ATR (20) | 5.87 | HIGH VOLATILITY | The high ATR as a percentage value for GRID.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 24.16 | NEUTRAL | The ADX value for GRID.CA suggests a possible start of a new trend. |
TSX:GRID (2/24/2026, 7:00:00 PM)
4.79
+0.03 (+0.63%)
TANTALUS SYSTEMS HOLDING INC / GRID.CA FAQ
Can you provide the ChartMill technical rating for TANTALUS SYSTEMS HOLDING INC?
ChartMill assigns a technical rating of 8 / 10 to GRID.CA.
What is the current trend direction of TANTALUS SYSTEMS HOLDING INC (GRID.CA) stock?
The current trend direction for TANTALUS SYSTEMS HOLDING INC (GRID.CA) is Bullish.
Can you provide the RSI signal for TANTALUS SYSTEMS HOLDING INC?
TANTALUS SYSTEMS HOLDING INC (GRID.CA) has an RSI value of 40.1147. This indicates that the stock is currently neutral.
What is the MACD signal for TANTALUS SYSTEMS HOLDING INC (GRID.CA) stock?
The MACD indicator for TANTALUS SYSTEMS HOLDING INC (GRID.CA) has a value of -0.100728, indicating a bearish trend.
Can you provide the support and resistance levels for TANTALUS SYSTEMS HOLDING INC?
TANTALUS SYSTEMS HOLDING INC (GRID.CA) has a support level at 4.78 and a resistance level at 5.18. Check the full technical report for our detailed analysis of GRID.CA support and resistance levels.