BRAZIL POTASH CORP (GRO) Stock Technical Analysis
NYSEARCA:GRO - NYSE Arca - CA10586A1084 - Common Stock - Currency: USD
Overall GRO gets a technical rating of 0 out of 10. GRO scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, GRO is a bad performer in the overall market: 100% of all stocks are doing better.
GRO is part of the Chemicals industry. There are 85 other stocks in this industry, of which 96% are performing better than GRO.
In the last month GRO has a been trading in the 1.31 - 1.95 range, which is quite wide. It is currently trading near the lows of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
The technical rating of GRO is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
1.30
1.60
When analyzing the support we can see 2 important areas.
- Support @1.35 from a horizontal line in the weekly time frame.
- A support zone ranging from 1.31 to 1.31. This zone is formed by a combination of multiple trend lines in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 1.52 to 1.53. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @1.58 from a trend line in the daily 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 GRO is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for GRO is down. |
| ChartMill Relative Strength | 0 | NEGATIVE | GRO has a low relative strength, it was outperformed by 100% 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) | DOWN | NEGATIVE | The current price of GRO is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 42.71 | NEUTRAL | The RSI value for GRO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests GRO has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 53.92 | NEUTRAL | The Stochastics value for GRO is a neutral value. |
| Average True Range in percent/ATR (20) | 9.95 | HIGH VOLATILITY | The high ATR as a percentage value for GRO suggests high volalility. |
| Average Directional Index/ADX (14) | 17.61 | NEGATIVE | The low ADX value for GRO suggests a weak or negative trend. |
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)
1.45
-0.06 (-3.97%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryChemicals
Performance
% Chg-3.97%
1 Week7.41%
2 Weeks2.84%
1 Month-25.64%
3 Month-43.8%
6 Month-78.2%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.13
ATR(20)%9.95%
ATR Inc-49.86%
Range Today0.06
ADR(20)0.14
ADR(20)%9.87%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High1.65
10 Day Low1.31
20 Day High1.95
20 Day Low1.31
52 Week HighN/A
52 Week LowN/A
CS1 End1.35
CR1 Start1.52
Volume & EV
DER(3)-0.42%
DER(5)7.71%
Volume15.14M
Volume Incr2234.83%
Vol(5)3.14M
Vol(50)462.46K