FT NSDQ CLN EDG SMRT GRID (GRID.MI) Stock Technical Analysis
Europe - BIT:GRID - IE000J80JTL1 - ETF
43.54 EUR
-0.2 (-0.47%)
We assign a technical rating of 8 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.
Warning: GRID has an average volume of 4763 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
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 70% of all stocks.
GRID is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month GRID has a been trading in a tight range between 41.39 and 43.80.
Considerably lower volume is observed in the last couple of days.
Although GRID has an excellent technical rating, it 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.
More info and screens
40.49
44.20
3 important support areas can be observed.
- Support @43.41 from a horizontal line in the daily time frame.
- A support zone ranging from 41.66 to 42.62. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @40.90 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 43.76 to 43.76. This zone is formed by a combination of multiple trend lines in multiple time frames.
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.MI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for GRID.MI is up. |
| ChartMill Relative Strength | 70.97 | POSITIVE | GRID.MI has a high relative strength, it outperformed 70.97% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of GRID.MI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of GRID.MI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of GRID.MI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 64.31 | NEUTRAL | The RSI value for GRID.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests GRID.MI has a positive trend. |
| Stochastics (14,3) | 81.98 | OVERBOUGHT | The high Stochastics value suggests GRID.MI may be overbought. |
| Average True Range in percent/ATR (20) | 1.14 | LOW VOLATILITY | The low ATR as a percentage value for GRID.MI suggests low volalility. |
| Average Directional Index/ADX (14) | 17.42 | NEGATIVE | The low ADX value for GRID.MI suggests a weak or negative 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)
BIT:GRID (9/12/2025, 12:30:18 PM)
43.54
-0.2 (-0.47%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.47%
1 Week4.8%
2 Weeks2.45%
1 Month3.09%
3 Month10.23%
6 Month20.26%
12 Month21.63%
2 Year37.22%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.49
ATR(20)%1.14%
ATR Inc18.16%
Range Today0.04
ADR(20)0.31
ADR(20)%0.7%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS70.97
Mansfield-0.07
10 Day High43.75
10 Day Low41.39
20 Day High43.8
20 Day Low41.39
52 Week High43.8
52 Week Low31.06
CS1 End43.41
CR1 Start43.76
Volume & EV
DER(3)0.15%
DER(5)0.09%
Volume1.33K
Volume Incr-32.32%
Vol(5)1.28K
Vol(50)4.76K