GREENCOAT RENEWABLES PLC (GRP.I) Stock Technical Analysis
DUB:GRP - Euronext Dublin - IE00BF2NR112 - Common Stock - Currency: EUR
Overall GRP gets a technical rating of 0 out of 10. GRP'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.
79% of all other stocks performed better in the past year than GRP.
GRP is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so GRP is lagging the market.
In the last month GRP has a been trading in the 0.71 - 0.78 range, which is quite wide. It is currently trading near the lows of this range.
GRP has an average volume of 1789930 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
GRP is part of the Independent Power and Renewable Electricity Producers industry. There are 20 other stocks in this industry, GRP did better than 47% of them.
Considerably lower volume is observed in the last couple of days.
GRP 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 support zone below the current price at 0.71, a Stop Loss order could be placed below this zone.
More info and screens
0.68
0.90
We found 1 important support area.
- A support zone ranging from 0.69 to 0.71. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 4 important resistance areas.
- A resistance zone ranging from 0.73 to 0.74. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 0.76 to 0.77. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @0.81 from a horizontal line in the daily time frame.
- Resistance @0.89 from a trend 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 GRP.I is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for GRP.I is down. |
| ChartMill Relative Strength | 21.22 | NEGATIVE | GRP.I has a low relative strength, it was outperformed by 78.78% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of GRP.I is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of GRP.I is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of GRP.I is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 45.75 | NEUTRAL | The RSI value for GRP.I is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests GRP.I has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 20.56 | NEUTRAL | The Stochastics value for GRP.I is a neutral value. |
| Average True Range in percent/ATR (20) | 2.11 | MEDIUM VOLATILITY | The ATR as a percentage value for GRP.I suggests some volalility. |
| Average Directional Index/ADX (14) | 13 | NEGATIVE | The low ADX value for GRP.I 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)
DUB:GRP (5/30/2025, 7:00:00 PM)
0.728
+0 (+0.14%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryIndependent Power and Renewable Electricity Producers
Performance
% Chg0.14%
1 Week1.39%
2 Weeks-0.95%
1 Month-1.36%
3 Month-6.91%
6 Month-16.32%
12 Month-18.29%
2 Year-31.32%
3 Year-36.97%
5 Year-37.78%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.02
ATR(20)%2.11%
ATR Inc-39.66%
Range Today0
ADR(20)0.01
ADR(20)%2.05%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS21.22
Mansfield-1.58
10 Day High0.75
10 Day Low0.72
20 Day High0.78
20 Day Low0.72
52 Week High0.97
52 Week Low0.69
CS1 End0.71
CR1 Start0.73
Volume & EV
DER(3)0%
DER(5)0%
Volume1.03M
Volume Incr-52.32%
Vol(5)949.93K
Vol(50)1.79M