Griffin Industrial Realty Inc (Md) (GRIF) Stock Technical Analysis
NASDAQ:GRIF - Nasdaq -
Taking everything into account, GRIF scores 5 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 GRIF has a been trading in the 61.26 - 80.35 range, which is quite wide. It is currently trading near the lows of this range.
Warning: GRIF has an average volume of 12172 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
When comparing the yearly performance of all stocks, we notice that GRIF is one of the better performing stocks in the market, outperforming 82% of all stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
GRIF is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so GRIF is lagging the market slightly.
GRIF has an average technical rating and it also 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
57.72
65.63
When analyzing the support we can see 2 important areas.
- Support @61.33 from a horizontal line in the daily time frame.
- Support @58.30 from a trend line in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 62.51 to 63.63. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 64.72 to 64.98. 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 GRIF is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for GRIF is down. |
| ChartMill Relative Strength | 82.64 | POSITIVE | GRIF has a high relative strength, it outperformed 82.64% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of GRIF is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of GRIF is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of GRIF is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 40.25 | NEUTRAL | The RSI value for GRIF is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.53 | NEGATIVE | The MACD value suggests GRIF has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 9.31 | OVERSOLD | The low Stochastics value suggests GRIF may be oversold. |
| Average True Range in percent/ATR (20) | 5.8 | HIGH VOLATILITY | The high ATR as a percentage value for GRIF suggests high volalility. |
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)
Griffin Industrial Realty Inc (Md)
NASDAQ:GRIF (12/31/2020, 8:00:01 PM)
62.5
-0.71 (-1.12%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-1.12%
1 Week-1.98%
2 Weeks-17.77%
1 Month-12.46%
3 Month14.13%
6 Month16.13%
12 Month60.67%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)3.92
ATR(20)%5.8%
ATR Inc-51.08%
Range Today2.7
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS82.64
Mansfield0.97
10 Day High76.88
10 Day Low61.26
20 Day High80.35
20 Day Low61.26
52 Week High80.35
52 Week Low28.67
CS1 End61.33
CR1 Start62.51
Volume & EV
DER(3)10.58%
DER(5)7.79%
Volume18.20K
Volume Incr-56.05%
Vol(5)8.86K
Vol(50)12.17K