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.
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
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.
We can see 2 important resistance areas.
- 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. |
Griffin Industrial Realty Inc (Md)
NASDAQ:GRIF (12/31/2020, 8:00:01 PM)
62.5
-0.71 (-1.12%)
Griffin Industrial Realty Inc (Md) / GRIF FAQ
What is the ChartMill technical rating of Griffin Industrial Realty Inc (Md) (GRIF) stock?
ChartMill assigns a technical rating of 4 / 10 to GRIF.
Can you provide the trend direction for Griffin Industrial Realty Inc (Md)?
The current trend direction for Griffin Industrial Realty Inc (Md) (GRIF) is Bullish.
What is the RSI signal for Griffin Industrial Realty Inc (Md) (GRIF) stock?
Griffin Industrial Realty Inc (Md) (GRIF) has an RSI value of 40.2549. This indicates that the stock is currently neutral.
Can you provide the short term momentum for Griffin Industrial Realty Inc (Md)?
The short term momentum for Griffin Industrial Realty Inc (Md) (GRIF) is negative.
What is the buy/sell signal for Griffin Industrial Realty Inc (Md) (GRIF) stock?
The buy/sell signal for Griffin Industrial Realty Inc (Md) (GRIF) is hold as the short term and long term trends are mixed.