GREENCOAT RENEWABLES PLC (GRP.I) Technical Analysis
DUB:GRP • IE00BF2NR112
We assign a technical rating of 5 out of 10 to GRP. In the last year, GRP was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
- When comparing the yearly performance of all stocks, GRP is a bad performer in the overall market: 67% of all stocks are doing better.
- The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
- 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 1358820 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- GRP is an average performer in the Independent Power and Renewable Electricity Producers industry, it outperforms 55% of 21 stocks in the same industry.
- GRP is currently trading in the middle 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 slightly.
- 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. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
0.64
When analyzing the support we notice one important area.
- A support zone ranging from 0.65 to 0.70. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- 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 | 33.3 | 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) | 83.01 | OVERBOUGHT | The high Stochastics value suggests GRP.I may be overbought. |
| Average True Range in percent/ATR (20) | 2 | LOW VOLATILITY | The low ATR as a percentage value for GRP.I suggests low volalility. |
| Average Directional Index/ADX (14) | 27 | 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 (-0.41%)
GREENCOAT RENEWABLES PLC / GRP.I FAQ
Can you provide the ChartMill technical rating for GREENCOAT RENEWABLES PLC?
ChartMill assigns a technical rating of 5 / 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.