GREENLANE RENEWABLES INC (GRN.CA) Stock Technical Analysis
TSX:GRN • CA3953321096
Overall GRN gets a technical rating of 3 out of 10. Although GRN is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- GRN is one of the better performing stocks in the Oil, Gas & Consumable Fuels industry, it outperforms 91% of 203 stocks in the same industry.
- In the last month GRN has a been trading in the 0.19 - 0.24 range, which is quite wide. It is currently trading near the high of this range.
- Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
- When comparing the yearly performance of all stocks, we notice that GRN is one of the better performing stocks in the market, outperforming 86% of all stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
- GRN is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so GRN is lagging the market.
Although the technical rating is bad, GRN does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 0.24. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 0.23, a Stop Loss order could be placed below this zone.
More info and screens
0.20
When analyzing the support we can see 3 important areas.
- A support zone ranging from 0.23 to 0.23. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @0.21 from a trend line in the daily time frame.
- A support zone ranging from 0.20 to 0.20. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 0.24 to 0.24. This zone is formed by a combination of multiple trend lines 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 | NEUTRAL | NEUTRAL | The long term trend for GRN.CA is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for GRN.CA is neutral. |
| ChartMill Relative Strength | 86.31 | POSITIVE | GRN.CA has a high relative strength, it outperformed 86.31% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of GRN.CA is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of GRN.CA is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of GRN.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 53.89 | NEUTRAL | The RSI value for GRN.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests GRN.CA has a positive trend. |
| Stochastics (14,3) | 80 | NEUTRAL | The Stochastics value for GRN.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 6.2 | HIGH VOLATILITY | The high ATR as a percentage value for GRN.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 16.16 | NEGATIVE | The low ADX value for GRN.CA suggests a weak or negative trend. |
TSX:GRN (2/18/2026, 7:00:00 PM)
0.23
0 (0%)
GREENLANE RENEWABLES INC / GRN.CA FAQ
What is the ChartMill technical rating of GREENLANE RENEWABLES INC (GRN.CA) stock?
ChartMill assigns a technical rating of 3 / 10 to GRN.CA.
Can you provide the trend direction for GREENLANE RENEWABLES INC?
The current trend direction for GREENLANE RENEWABLES INC (GRN.CA) is Bearish.
Can you provide the RSI signal for GREENLANE RENEWABLES INC?
GREENLANE RENEWABLES INC (GRN.CA) has an RSI value of 53.889. This indicates that the stock is currently neutral.
Can you provide the support and resistance levels for GREENLANE RENEWABLES INC?
GREENLANE RENEWABLES INC (GRN.CA) has a support level at 0.23 and a resistance level at 0.24. Check the full technical report for our detailed analysis of GRN.CA support and resistance levels.