FIRST TRST NASD CL EDG SGIIF (GRID) Stock Technical Analysis
NASDAQ:GRID - Nasdaq - US33737A1088 - ETF - Currency: USD
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.
Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that GRID is one of the better performing stocks in the market, outperforming 80% of all stocks. We also observe that the gains produced by GRID over the past year are nicely spread over this period.
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.
In the last month GRID has a been trading in a tight range between 137.37 and 145.44.
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
107.84
146.72
We found 4 important support areas.
- A support zone ranging from 135.44 to 138.57. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @127.78 from a horizontal line in the daily time frame.
- Support @119.35 from a horizontal line in the daily time frame.
- Support @108.93 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 141.43 to 145.27. This zone is formed by a combination of multiple trend lines and important moving averages 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 is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for GRID is up. |
| ChartMill Relative Strength | 80.65 | POSITIVE | GRID has a high relative strength, it outperformed 80.65% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of GRID is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of GRID is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of GRID is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 58.49 | NEUTRAL | The RSI value for GRID is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.28 | NEGATIVE | The MACD value suggests GRID has a negative trend. |
| Stochastics (14,3) | 65.9 | NEUTRAL | The Stochastics value for GRID is a neutral value. |
| Average True Range in percent/ATR (20) | 1.14 | LOW VOLATILITY | The low ATR as a percentage value for GRID suggests low volalility. |
| Average Directional Index/ADX (14) | 29.5 | POSITIVE | The high ADX value value for GRID 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)
NASDAQ:GRID (8/1/2025, 3:12:02 PM)
140.73
-1.49 (-1.05%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-1.05%
1 Week-1.5%
2 Weeks-0.54%
1 Month2.21%
3 Month16.39%
6 Month17.79%
12 Month25.72%
2 Year34.51%
3 Year59.19%
5 Year145.08%
10 Year313.91%
15 Year358.48%
Volatility
ATR(14)1.7
ATR(20)%1.14%
ATR Inc10.11%
Range Today1.7
ADR(20)1.41
ADR(20)%1%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS80.65
Mansfield0.55
10 Day High145.44
10 Day Low140.9
20 Day High145.44
20 Day Low137.37
52 Week High145.44
52 Week Low99.78
CS1 End142.21
CR1 Start143.55
Volume & EV
DER(3)5.94%
DER(5)7.79%
Volume200.65K
Volume Incr-9.89%
Vol(5)202.54K
Vol(50)172.25K