GRANITE REAL ESTATE INVESTME (GRP.U) Stock Technical Analysis
NYSE:GRP.U - New York Stock Exchange, Inc. - CA3874372053 - REIT - Currency: USD
Overall GRP.U gets a technical rating of 7 out of 10. In the last year, GRP.U was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
Warning: GRP.U has an average volume of 11470 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
GRP.U is part of the Diversified REITs industry. There are 129 other stocks in this industry. GRP.U outperforms 85% of them.
In the last month GRP.U has a been trading in the 44.51 - 51.40 range, which is quite wide. It is currently trading near the high of this range.
When comparing the yearly performance of all stocks, we notice that GRP.U is one of the better performing stocks in the market, outperforming 76% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
GRP.U 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.U 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.
Although GRP.U has an excellent technical rating, it 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
44.11
51.91
When analyzing the support we can see 3 important areas.
- A support zone ranging from 48.78 to 48.99. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 47.54 to 47.88. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @44.56 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 | NEUTRAL | NEUTRAL | The long term trend for GRP.U is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for GRP.U is up. |
| ChartMill Relative Strength | 76.16 | POSITIVE | GRP.U has a high relative strength, it outperformed 76.16% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of GRP.U is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of GRP.U is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of GRP.U is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 72.83 | OVERBOUGHT | The high RSI value suggests GRP.U may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.35 | POSITIVE | The MACD value suggests GRP.U has a positive trend. |
| Stochastics (14,3) | 97.03 | OVERBOUGHT | The high Stochastics value suggests GRP.U may be overbought. |
| Average True Range in percent/ATR (20) | 1.57 | LOW VOLATILITY | The low ATR as a percentage value for GRP.U suggests low volalility. |
| Average Directional Index/ADX (14) | 28.52 | POSITIVE | The high ADX value value for GRP.U 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)
NYSE:GRP.U (5/30/2025, 8:04:00 PM)
51.4
+0.7 (+1.37%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryDiversified REITs
Performance
% Chg1.37%
1 Week6.2%
2 Weeks6.79%
1 Month13.04%
3 Month12.13%
6 Month-5.58%
12 Month3.99%
2 Year-12.29%
3 Year-28.55%
5 Year4.01%
10 Year55.66%
15 YearN/A
Volatility
ATR(14)0.77
ATR(20)%1.57%
ATR Inc29.74%
Range Today0.84
ADR(20)0.67
ADR(20)%1.31%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS76.16
Mansfield-0.22
10 Day High51.4
10 Day Low47.4
20 Day High51.4
20 Day Low44.51
52 Week High65.63
52 Week Low38.37
CS1 End48.99
CR1 StartN/A
Volume & EV
DER(3)2.3%
DER(5)1.1%
Volume9.00K
Volume Incr30.22%
Vol(5)11.70K
Vol(50)11.47K