FIRST TRST NASD CL EDG SGIIF (GRID) Stock Technical Analysis
USA - NASDAQ:GRID - US33737A1088 - ETF
Overall GRID gets a technical rating of 10 out of 10. 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.
Besides having an excellent technical rating, GRID also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 156.32, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
105.66
6 important support areas can be observed.
- A support zone ranging from 154.61 to 157.11. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 147.70 to 150.14. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @142.90 from a horizontal line in the weekly time frame.
- Support @140.42 from a horizontal line in the daily time frame.
- Support @138.08 from a horizontal line in the daily time frame.
- Support @106.73 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- Resistance @158.92 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 is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for GRID is up. |
| ChartMill Relative Strength | 79.32 | POSITIVE | GRID has a high relative strength, it outperformed 79.32% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of GRID is above 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) | 60.34 | NEUTRAL | The RSI value for GRID is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.1 | POSITIVE | The MACD value suggests GRID has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 77.55 | NEUTRAL | The Stochastics value for GRID is a neutral value. |
| Average True Range in percent/ATR (20) | 1.45 | LOW VOLATILITY | The low ATR as a percentage value for GRID suggests low volalility. |
| Average Directional Index/ADX (14) | 13.77 | NEGATIVE | The low ADX value for GRID suggests a weak or negative trend. |
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 |
|---|---|---|---|
| 158.93 | 154.60 | 4.33 (2.72%) | 25.00% |
| An entry @158.93. This is a Buy Stop order right above the resistance zone. | An exit @154.60. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 4.33 points, which is 2.72%. | For a 0.68% 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 (11/3/2025, 2:59:28 PM)
157.6
+0.5 (+0.32%)
FIRST TRST NASD CL EDG SGIIF / GRID FAQ
Can you provide the ChartMill technical rating for FIRST TRST NASD CL EDG SGIIF?
ChartMill assigns a technical rating of 10 / 10 to GRID.
Can you provide the trend direction for FIRST TRST NASD CL EDG SGIIF?
The current trend direction for FIRST TRST NASD CL EDG SGIIF (GRID) is Bullish.
Can you provide the RSI signal for FIRST TRST NASD CL EDG SGIIF?
FIRST TRST NASD CL EDG SGIIF (GRID) has an RSI value of 60.337. This indicates that the stock is currently neutral.
Can you provide the MACD signal for FIRST TRST NASD CL EDG SGIIF?
The MACD indicator for FIRST TRST NASD CL EDG SGIIF (GRID) has a value of 0.101818, indicating a bearish trend.
What are the support and resistance levels for FIRST TRST NASD CL EDG SGIIF (GRID) stock?
FIRST TRST NASD CL EDG SGIIF (GRID) has a support level at 156.32 and a resistance level at 157.11. Check the full technical report for our detailed analysis of GRID support and resistance levels.