BRAZIL POTASH CORP (GRO) Stock Technical Analysis
USA - NYSEARCA:GRO - CA10586A1084 - Common Stock
2.66 USD
-0.1 (-3.62%)
2.66 USD
0 (0%)
Overall GRO gets a technical rating of 7 out of 10. Although GRO is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
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 83 other stocks in this industry, of which 97% are performing better than GRO.
The long and short term trends are both positive. This is looking good!
In the last month GRO has a been trading in the 1.57 - 2.98 range, which is quite wide. It is currently trading near the high of this range.
GRO has an average volume of 1862020 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Considerably lower volume is observed in the last couple of days.
Although GRO has an excellent technical rating, the quality of the presented setup is not ideal 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
2.87
When analyzing the support we can see 3 important areas.
- A support zone ranging from 2.65 to 2.65. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @1.66 from a trend line in the daily time frame.
- Support @1.31 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 2.79 to 2.79. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @2.84 from a horizontal 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 | UP | POSITIVE | The long term trend for GRO is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for GRO is up. |
| 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 | POSITIVE | The current price of GRO is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of GRO is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of GRO is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 62.61 | NEUTRAL | The RSI value for GRO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests GRO has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 80.14 | OVERBOUGHT | The high Stochastics value suggests GRO may be overbought. |
| Average True Range in percent/ATR (20) | 9.37 | HIGH VOLATILITY | The high ATR as a percentage value for GRO suggests high volalility. |
| Average Directional Index/ADX (14) | 37.45 | POSITIVE | The high ADX value value for GRO suggests a strong 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)
2.66
-0.1 (-3.62%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryChemicals
Performance
% Chg-3.62%
1 Week-0.37%
2 Weeks10.37%
1 Month55.56%
3 Month88.65%
6 Month-12.21%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.28
ATR(20)%9.37%
ATR Inc8.31%
Range Today0.28
ADR(20)0.25
ADR(20)%9.29%
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 High2.98
10 Day Low2.25
20 Day High2.98
20 Day Low1.57
52 Week HighN/A
52 Week LowN/A
CS1 End2.65
CR1 Start2.79
Volume & EV
DER(3)-0.25%
DER(5)-1.94%
Volume402.10K
Volume Incr-80.63%
Vol(5)446.60K
Vol(50)1.86M