GRANITE RIDGE RESOURCES INC (GRNT) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:GRNT - US3874321074 - Common Stock
Overall GRNT gets a technical rating of 0 out of 10. GRNT scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 89% of all other stocks performed better in the past year than GRNT.
- GRNT is one of the lesser performing stocks in the Oil, Gas & Consumable Fuels industry. 81% of 207 stocks in the same industry do better.
- GRNT is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- In the last month GRNT has a been trading in the 4.18 - 4.85 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
GRNT has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 4.57. Right above this resistance zone may be a good entry point.
More info and screens
4.39
When analyzing the resistance we notice 6 important areas.
- A resistance zone ranging from 4.57 to 4.69. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 5.11 to 5.13. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 5.39 to 5.40. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @5.56 from a horizontal line in the daily time frame.
- Resistance @6.07 from a trend line in the weekly time frame.
- Resistance @6.87 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 | DOWN | NEGATIVE | The long term trend for GRNT is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for GRNT is down. |
| ChartMill Relative Strength | 11.82 | NEGATIVE | GRNT has a low relative strength, it was outperformed by 88.18% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of GRNT is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of GRNT is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of GRNT is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 40.7 | NEUTRAL | The RSI value for GRNT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests GRNT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 55.73 | NEUTRAL | The Stochastics value for GRNT is a neutral value. |
| Average True Range in percent/ATR (20) | 3.65 | MEDIUM VOLATILITY | The ATR as a percentage value for GRNT suggests some volalility. |
| Average Directional Index/ADX (14) | 29.55 | POSITIVE | The high ADX value value for GRNT suggests a strong trend. |
NYSE:GRNT (1/20/2026, 3:37:06 PM)
4.43
0 (0%)
GRANITE RIDGE RESOURCES INC / GRNT FAQ
Can you provide the ChartMill technical rating for GRANITE RIDGE RESOURCES INC?
ChartMill assigns a technical rating of 0 / 10 to GRNT.
What is the current trend direction of GRANITE RIDGE RESOURCES INC (GRNT) stock?
The current trend direction for GRANITE RIDGE RESOURCES INC (GRNT) is Bearish.
Can you provide the RSI signal for GRANITE RIDGE RESOURCES INC?
GRANITE RIDGE RESOURCES INC (GRNT) has an RSI value of 40.6992. This indicates that the stock is currently neutral.
What is the short term momentum for GRNT stock?
The short term momentum for GRANITE RIDGE RESOURCES INC (GRNT) is negative.
Can you provide the support and resistance levels for GRANITE RIDGE RESOURCES INC?
GRANITE RIDGE RESOURCES INC (GRNT) has a resistance level at 4.57. Check the full technical report for our detailed analysis of GRNT support and resistance levels.