Taking everything into account, GRN scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, GRN is showing a nice and steady performance.
Besides having an excellent technical rating, GRN also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
24.21
We found 4 important support areas.
- A support zone ranging from 31.08 to 31.39. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 27.41 to 27.74. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @25.73 from a trend line in the weekly time frame.
- Support @24.45 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 32.28 to 32.79. This zone is formed by a combination of multiple trend lines and important moving averages 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 | 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 | 83.66 | POSITIVE | GRN has a high relative strength, it outperformed 83.66% 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) | 54.24 | NEUTRAL | The RSI value for GRN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests GRN has a negative trend. |
| Stochastics (14,3) | 46.41 | NEUTRAL | The Stochastics value for GRN is a neutral value. |
| Average True Range in percent/ATR (20) | 1.13 | LOW VOLATILITY | The low ATR as a percentage value for GRN suggests low volalility. |
| Average Directional Index/ADX (14) | 18.63 | NEGATIVE | The low ADX value for GRN suggests a weak or negative trend. |
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 |
|---|---|---|---|
| 32.29 | 31.81 | 0.49 (1.51%) | 25.00% |
| An entry @32.29. This is a Buy Stop order right above the 10 day moving average. | An exit @31.81. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.49 points, which is 1.51%. | For a 0.38% 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 (11/21/2025, 8:04:00 PM)
32.212
-0.08 (-0.24%)
IPATH SERIES B CARBON ETN / GRN FAQ
What is the ChartMill technical rating of IPATH SERIES B CARBON ETN (GRN) stock?
ChartMill assigns a technical rating of 10 / 10 to GRN.
What is the current trend direction of IPATH SERIES B CARBON ETN (GRN) stock?
The current trend direction for IPATH SERIES B CARBON ETN (GRN) is Bullish.
Can you provide the RSI signal for IPATH SERIES B CARBON ETN?
IPATH SERIES B CARBON ETN (GRN) has an RSI value of 54.2402. This indicates that the stock is currently neutral.
What is the short term momentum for IPATH SERIES B CARBON ETN (GRN) stock?
The short term momentum for IPATH SERIES B CARBON ETN (GRN) is positive.
Can you provide the support and resistance levels for IPATH SERIES B CARBON ETN?
IPATH SERIES B CARBON ETN (GRN) has a support level at 31.39 and a resistance level at 32.28. Check the full technical report for our detailed analysis of GRN support and resistance levels.