GRINDROD SHIPPING HOLDINGS L (GRIN)
SG9999019087 - Common Stock
Taking everything into account, GRIN scores 3 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. GRIN was also a bad performer in the overall market in the last year.
84% of all other stocks performed better in the past year than GRIN.
GRIN is one of the lesser performing stocks in the Marine Transportation industry. 80% of 31 stocks in the same industry do better.
GRIN is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so GRIN is lagging the market.
Warning: GRIN has an average volume of 26306 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
In the last month GRIN has a been trading in the 7.43 - 9.47 range, which is quite wide. It is currently trading near the high of this range.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS16.54
Mansfield-3.71
10 Day High9.47
10 Day Low7.61
20 Day High9.47
20 Day Low7.43
52 Week High26.29
52 Week Low6.8
Performance
1 Week9.95%
2 Weeks20.38%
1 Month14.65%
3 Month10.8%
6 Month-10.74%
12 Month-60.76%
The technical rating of GRIN is bad and it also does not present a quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
7.64
9.49
We found 2 important support areas.
- A support zone ranging from 8.35 to 8.47. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @7.72 from a trend line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 9.40 to 9.40. This zone is formed by a combination of multiple trend lines in multiple time frames.
GRINDROD SHIPPING HOLDINGS L
NASDAQ:GRIN (9/25/2023, 7:00:01 PM)
After market: 9.76 +0.37 (+3.94%)9.39
+0.38 (+4.22%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMarine Transportation
Performance
% Chg4.22%
1 Week9.95%
2 Weeks20.38%
1 Month14.65%
3 Month10.8%
6 Month-10.74%
12 Month-60.76%
Volatility
ATR(14)0.4
ATR(20)%4.35%
ATR Inc52.29%
Range Today0.65
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS16.54
Mansfield-3.71
10 Day High9.47
10 Day Low7.61
20 Day High9.47
20 Day Low7.43
52 Week High26.29
52 Week Low6.8
CS1 End8.47
CR1 Start9.4
Volume & EV
DER(3)-2.01%
DER(5)2.44%
Volume37.30K
Volume Incr-2.48%
Vol(5)25.40K
Vol(50)26.31K