BRAZIL POTASH CORP (GRO) Stock Technical Analysis
NYSEARCA:GRO - NYSE Arca - CA10586A1084 - Common Stock - Currency: USD
We assign a technical rating of 2 out of 10 to GRO. GRO's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
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 one of the lesser performing stocks in the Chemicals industry. 96% of 85 stocks in the same industry do better.
GRO has an average volume of 1275720 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month GRO has a been trading in the 1.31 - 2.14 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 has a poor technical rating and the quality of the setup is also only medium at the moment. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
1.30
1.96
2 important support areas can be observed.
- A support zone ranging from 1.57 to 1.57. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @1.31 from a horizontal line in the daily time frame.
We can see 3 important resistance areas.
- Resistance @1.80 from a trend line in the daily time frame.
- Resistance @1.83 from a horizontal line in the weekly time frame.
- Resistance @1.94 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) | UP | MIXED | The current price of GRO is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of GRO is below the rising SMA(50). |
| Relative Strength Index/RSI (14) | 48.92 | 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) | 27.21 | NEUTRAL | The Stochastics value for GRO is a neutral value. |
| Average True Range in percent/ATR (20) | 12.88 | HIGH VOLATILITY | The high ATR as a percentage value for GRO suggests high volalility. |
| Average Directional Index/ADX (14) | 21.21 | NEUTRAL | The ADX value for GRO suggests a possible start of a new 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)
1.64
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryChemicals
Performance
% Chg0%
1 Week-13.68%
2 Weeks1.23%
1 Month23.31%
3 Month-26.13%
6 Month-55.91%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.19
ATR(20)%12.88%
ATR Inc-55.21%
Range Today0.09
ADR(20)0.19
ADR(20)%11.55%
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 High2.01
10 Day Low1.53
20 Day High2.14
20 Day Low1.31
52 Week HighN/A
52 Week LowN/A
CS1 End1.57
CR1 Start1.8
Volume & EV
DER(3)-3.37%
DER(5)-2.1%
Volume128.00K
Volume Incr-90.74%
Vol(5)268.60K
Vol(50)1.28M