GRND Technical Analysis - GRINDR INC

Technical Rating and Analysis

Taking everything into account, GRND scores 2 out of 10 in our technical rating. GRND has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.

The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.

GRND is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.

GRND has an average volume of 2051700 traded shares per day. This is a good sign as it is always nice to have a liquid stock.

When comparing the performance of all stocks over the past year, GRND turns out to be only a medium performer in the overall market: it outperformed 40% of all stocks.

GRND is part of the Interactive Media & Services industry. There are 69 other stocks in this industry, GRND did better than 50% of them.

GRND is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so GRND is lagging the market.

More info and screens

Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

Show peers with best TA rating

Weekly and Daily overview Charts

Setup Rating and Analysis

Although the technical rating is bad, GRND does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 15.67, a Stop Loss order could be placed below this zone.

More info and screens

ChartMill Technical Ratings

Pocket Pivots

Bull Flags

Show peers with best setup rating

Support and Resistance Analysis

14.95

16.27

2 important support areas can be observed.

A support zone ranging from 15.60 to 15.67. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
A support zone ranging from 15.10 to 15.29. 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 15.82 to 16.11. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.

More info

What is Support and Resistance

Support and Resistance indicators

Support and Resistance Screener and Trading Strategies

Technical Indicator Signal Analysis

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	NEUTRAL	NEUTRAL	The short term trend for GRND is neutral.
ChartMill Relative Strength	40.67	NEUTRAL	GRND is not amongst the best or worst performers 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	NEGATIVE	The current price of GRND is below 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)	44.13	NEUTRAL	The RSI value for GRND is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	0.12	POSITIVE	The MACD value suggests GRND has a positive trend, although the MACD value is declining.
Stochastics (14,3)	63.35	NEUTRAL	The Stochastics value for GRND is a neutral value.
Average True Range in percent/ATR (20)	3.3	MEDIUM VOLATILITY	The ATR as a percentage value for GRND suggests some volalility.
Average Directional Index/ADX (14)	25.3	POSITIVE	The high ADX value value for GRND suggests a strong trend.