IPATH SERIES B CARBON ETN (GRN) Stock Technical Analysis
USA - NYSEARCA:GRN - US06747C3227 - ETF
30.8618 USD
+0.02 (+0.05%)
We assign a technical rating of 10 out of 10 to GRN. Both in the recent history as in the last year, GRN has proven to be a steady performer, scoring decent points in every aspect analyzed.
Warning: GRN has an average volume of 1018 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, GRN did better than 71% of all other stocks. We also observe that the gains produced by GRN over the past year are nicely spread over this period.
GRN is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so GRN is lagging the market slightly.
In the last month GRN has a been trading in the 28.25 - 30.91 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days.
GRN has an excellent technical rating, but the quality of the setup is only medium 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
24.21
31.17
When analyzing the support we can see 3 important areas.
- A support zone ranging from 28.87 to 29.29. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 26.98 to 27.74. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @24.45 from a horizontal line in the weekly 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 GRN is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for GRN is up. |
| ChartMill Relative Strength | 71.97 | POSITIVE | GRN has a high relative strength, it outperformed 71.97% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of GRN is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of GRN is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of GRN is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 66.18 | NEUTRAL | The RSI value for GRN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests GRN has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 95.34 | OVERBOUGHT | The high Stochastics value suggests GRN may be overbought. |
| Average True Range in percent/ATR (20) | 1.05 | LOW VOLATILITY | The low ATR as a percentage value for GRN suggests low volalility. |
| Average Directional Index/ADX (14) | 18.98 | NEGATIVE | The low ADX value for GRN suggests a weak or negative trend. |
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)
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 |
|---|---|---|---|
| 30.92 | 29.89 | 1.03 (3.33%) | 25.00% |
| An entry @30.92. This is a Buy Stop order right above the 10 day high. | An exit @29.89. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 1.03 points, which is 3.33%. | For a 0.83% 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.
NYSEARCA:GRN (9/19/2025, 8:14:02 PM)
30.8618
+0.02 (+0.05%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.05%
1 Week2.58%
2 Weeks2.04%
1 Month7.2%
3 Month7.72%
6 Month11.21%
12 Month22.44%
2 Year-4.81%
3 Year18.64%
5 Year187.49%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.33
ATR(20)%1.05%
ATR Inc-23.06%
Range Today0.25
ADR(20)0.12
ADR(20)%0.37%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS71.97
Mansfield-0.11
10 Day High30.91
10 Day Low29.9
20 Day High30.91
20 Day Low28.25
52 Week High32.88
52 Week Low23.83
CS1 End29.29
CR1 StartN/A
Volume & EV
DER(3)1.23%
DER(5)0.74%
Volume3.60K
Volume Incr46.7%
Vol(5)1.94K
Vol(50)1.02K