BRAZIL POTASH CORP (GRO) Technical Analysis
NYSEARCA:GRO • CA10586A1084
Current stock price
3.15 USD
-0.28 (-8.16%)
At close:
3.16 USD
+0.01 (+0.32%)
After Hours:
GRO Technical Rating and Analysis
We assign a technical rating of 7 out of 10 to GRO. In the last year, GRO was one of the better performers, but we do observe some doubts in the very recent evolution.
- The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
- GRO 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 GRO is lagging the market slightly.
- Looking at the yearly performance, GRO did better than 82% of all other stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
- GRO is part of the Chemicals industry. There are 82 other stocks in this industry, GRO did better than 66% of them.
- In the last month GRO has a been trading in the 2.92 - 3.85 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Considerably lower volume is observed in the last couple of days.
GRO Weekly and Daily overview Charts
GRO Setup Rating and Analysis
Besides having an excellent technical rating, GRO also presents a decent setup pattern. Prices have been consolidating lately.
More info and screens
GRO Support and Resistance Analysis
2.20
3.47
We found 4 important support areas.
- Support @3.14 from a trend line in the daily time frame.
- A support zone ranging from 3.04 to 3.08. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @2.43 from a trend line in the weekly time frame.
- Support @2.22 from a trend line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 3.20 to 3.29. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 3.44 to 3.44. This zone is formed by a combination of multiple trend lines in the daily time frame.
GRO 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 | UP | POSITIVE | The long term trend for GRO is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for GRO is neutral. |
| ChartMill Relative Strength | 82.82 | POSITIVE | GRO has a high relative strength, it outperformed 82.82% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of GRO is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of GRO is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of GRO is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 47.57 | NEUTRAL | The RSI value for GRO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests GRO has a negative trend. |
| Stochastics (14,3) | 50.18 | NEUTRAL | The Stochastics value for GRO is a neutral value. |
| Average True Range in percent/ATR (20) | 8.47 | HIGH VOLATILITY | The high ATR as a percentage value for GRO suggests high volalility. |
| Average Directional Index/ADX (14) | 13.33 | NEGATIVE | The low ADX value for GRO suggests a weak or negative trend. |
GRO Chart- and CandleStick Pattern Analysis
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)
GRO Technicals: Chart, Performance Metrics, Trend & Indicators
3.15
-0.28 (-8.16%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryChemicals
Performance
% Chg-8.16%
1 Week1.29%
2 Weeks-3.37%
1 Month-8.16%
3 Month25%
6 Month27.02%
12 Month28.57%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.23
ATR(20)%8.47%
ATR Inc45.45%
Range Today0.28
ADR(20)0.26
ADR(20)%8.21%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS82.82
3 months CRS92.14
6 months CRS88.35
Mansfield2.68
10 Day High3.59
10 Day Low2.92
20 Day High3.85
20 Day Low2.92
52 Week High3.99
52 Week Low1.25
CS1 End3.14
CR1 Start3.2
Volume & EV
DER(3)-3.29%
DER(5)-0.84%
Volume644.50K
Volume Incr-28.68%
Vol(5)528.68K
Vol(50)894.49K
BRAZIL POTASH CORP / GRO TA FAQ
Can you provide the ChartMill technical rating for BRAZIL POTASH CORP?
ChartMill assigns a technical rating of 7 / 10 to GRO.
What is the current trend direction of BRAZIL POTASH CORP (GRO) stock?
The current trend direction for BRAZIL POTASH CORP (GRO) is Bullish.
What is the RSI signal for BRAZIL POTASH CORP (GRO) stock?
BRAZIL POTASH CORP (GRO) has an RSI value of 47.5699. This indicates that the stock is currently neutral.
What is the short term momentum for GRO stock?
The short term momentum for BRAZIL POTASH CORP (GRO) is neutral.
Can you provide the support and resistance levels for BRAZIL POTASH CORP?
BRAZIL POTASH CORP (GRO) has a support level at 3.14 and a resistance level at 3.2. Check the full technical report for our detailed analysis of GRO support and resistance levels.