FIRST TRST NASD CL EDG SGIIF (GRID) Stock Technical Analysis
NASDAQ:GRID - Nasdaq - US33737A1088 - ETF - Currency: USD
We assign a technical rating of 8 out of 10 to GRID. In the last year, GRID was one of the better performers, but we do observe some doubts in the very recent evolution.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
Looking at the yearly performance, GRID did better than 75% of all other stocks. We also observe that the gains produced by GRID over the past year are nicely spread over this period.
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 139.65 and 145.36.
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. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 141.50, a Stop Loss order could be placed below this zone.
More info and screens
104.95
146.72
We found 5 important support areas.
- A support zone ranging from 138.03 to 141.50. 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 @109.70 from a trend line in the weekly time frame.
- Support @106.01 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 143.03 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 | NEUTRAL | NEUTRAL | The short term trend for GRID is neutral. |
| ChartMill Relative Strength | 75.36 | POSITIVE | GRID has a high relative strength, it outperformed 75.36% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of GRID is below a declining 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) | 47.53 | NEUTRAL | The RSI value for GRID is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.43 | NEGATIVE | The MACD value suggests GRID has a negative trend. |
| Stochastics (14,3) | 41.97 | NEUTRAL | The Stochastics value for GRID is a neutral value. |
| Average True Range in percent/ATR (20) | 1.13 | LOW VOLATILITY | The low ATR as a percentage value for GRID suggests low volalility. |
| Average Directional Index/ADX (14) | 15.7 | NEGATIVE | The low ADX value for GRID 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)
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 |
|---|---|---|---|
| 143.33 | 140.86 | 2.47 (1.72%) | 25.00% |
| An entry @143.33. This is a Buy Stop order right above the 10 day moving average. | An exit @140.86. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 2.47 points, which is 1.72%. | For a 0.43% total portfolio risk, you can invest 25.00% 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.
NASDAQ:GRID (8/21/2025, 6:18:50 PM)
141.51
-0.73 (-0.51%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.51%
1 Week-1.65%
2 Weeks-0.92%
1 Month-1.99%
3 Month9.71%
6 Month15.83%
12 Month16.19%
2 Year40.22%
3 Year69.07%
5 Year118.59%
10 Year328.82%
15 Year407.02%
Volatility
ATR(14)1.54
ATR(20)%1.13%
ATR Inc-8.28%
Range Today0.84
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
CRS75.36
Mansfield0.41
10 Day High145.36
10 Day Low140.87
20 Day High145.36
20 Day Low139.65
52 Week High145.44
52 Week Low99.78
CS1 End141.5
CR1 Start143.03
Volume & EV
DER(3)2.1%
DER(5)1.87%
Volume220.37K
Volume Incr24.24%
Vol(5)230.13K
Vol(50)196.29K