GREENCOAT RENEWABLES PLC (GRP.I) Technical Analysis
DUB:GRP • IE00BF2NR112
We assign a technical rating of 4 out of 10 to GRP. In the past year, GRP was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
- When comparing the yearly performance of all stocks, GRP is a bad performer in the overall market: 66% of all stocks are doing better.
- The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- In the last month GRP has a been trading in the 0.65 - 0.74 range, which is quite wide. It is currently trading near the high 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.
- GRP has an average volume of 1410640 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 21 other stocks in this industry, GRP did better than 50% of them.
- GRP is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so GRP is lagging the market.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
GRP has an average technical rating and it also does not offer a high 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
0.64
2 important support areas can be observed.
- A support zone ranging from 0.69 to 0.70. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 0.65 to 0.67. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 0.73 to 0.74. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @0.80 from a horizontal 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 | NEUTRAL | NEUTRAL | The long term trend for GRP.I is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for GRP.I is up. |
| ChartMill Relative Strength | 34.58 | NEUTRAL | GRP.I is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of GRP.I is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of GRP.I is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of GRP.I is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 66.78 | NEUTRAL | The RSI value for GRP.I is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests GRP.I has a positive trend. |
| Stochastics (14,3) | 88.37 | OVERBOUGHT | The high Stochastics value suggests GRP.I may be overbought. |
| Average True Range in percent/ATR (20) | 2.03 | MEDIUM VOLATILITY | The ATR as a percentage value for GRP.I suggests some volalility. |
| Average Directional Index/ADX (14) | 27.24 | POSITIVE | The high ADX value value for GRP.I suggests a strong trend. |
GRP.I Technicals: Chart, Performance Metrics, Trend & Indicators
DUB:GRP (3/9/2026, 7:00:00 PM)
0.728
0 (0%)
GREENCOAT RENEWABLES PLC / GRP.I FAQ
Can you provide the ChartMill technical rating for GREENCOAT RENEWABLES PLC?
ChartMill assigns a technical rating of 4 / 10 to GRP.I.
What is the current trend direction of GREENCOAT RENEWABLES PLC (GRP.I) stock?
The current trend direction for GREENCOAT RENEWABLES PLC (GRP.I) is Bearish.
What is the RSI signal for GREENCOAT RENEWABLES PLC (GRP.I) stock?
GREENCOAT RENEWABLES PLC (GRP.I) has an RSI value of 66.7825. This indicates that the stock is currently neutral.
What is the short term momentum for GRP stock?
The short term momentum for GREENCOAT RENEWABLES PLC (GRP.I) is positive.
Can you provide the support and resistance levels for GREENCOAT RENEWABLES PLC?
GREENCOAT RENEWABLES PLC (GRP.I) has a support level at 0.7 and a resistance level at 0.73. Check the full technical report for our detailed analysis of GRP.I support and resistance levels.