GRINDR INC (GRND) Technical Analysis
NYSE:GRND • US39854F1012
We assign a technical rating of 2 out of 10 to GRND. In the past year, GRND was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
- When comparing the yearly performance of all stocks, GRND is a bad performer in the overall market: 83% of all stocks are doing better.
- GRND 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 GRND is lagging the market.
- In the last month GRND has a been trading in the 9.84 - 12.35 range, which is quite wide. It is currently trading near the high of this range.
- GRND has an average volume of 1599490 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- 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.
- GRND is part of the Interactive Media & Services industry. There are 69 other stocks in this industry, GRND did better than 57% of them.
GRND has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 12.18. Right above this resistance zone may be a good entry point.
More info and screens
10.01
We found 2 important support areas.
- A support zone ranging from 11.23 to 11.28. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @10.11 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 12.18 to 12.22. 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 | DOWN | NEGATIVE | The long term trend for GRND is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for GRND is up. |
| ChartMill Relative Strength | 17.73 | NEGATIVE | GRND has a low relative strength, it was outperformed by 82.27% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of GRND is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of GRND is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of GRND is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 61.89 | NEUTRAL | The RSI value for GRND is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.16 | POSITIVE | The MACD value suggests GRND has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 91.98 | OVERBOUGHT | The high Stochastics value suggests GRND may be overbought. |
| Average True Range in percent/ATR (20) | 4.25 | MEDIUM VOLATILITY | The ATR as a percentage value for GRND suggests some volalility. |
| Average Directional Index/ADX (14) | 21.05 | NEUTRAL | The ADX value for GRND suggests a possible start of a new trend. |
GRND Technicals: Chart, Performance Metrics, Trend & Indicators
12.17
-0.04 (-0.33%)
GRINDR INC / GRND FAQ
What is the technical rating for GRND stock?
ChartMill assigns a technical rating of 2 / 10 to GRND.
What is the current trend direction of GRINDR INC (GRND) stock?
The current trend direction for GRINDR INC (GRND) is Bearish.
Can you provide the RSI signal for GRINDR INC?
GRINDR INC (GRND) has an RSI value of 61.8912. This indicates that the stock is currently neutral.
What is the short term momentum for GRND stock?
The short term momentum for GRINDR INC (GRND) is positive.
Can you provide the support and resistance levels for GRINDR INC?
GRINDR INC (GRND) has a support level at 11.28 and a resistance level at 12.18. Check the full technical report for our detailed analysis of GRND support and resistance levels.