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 8 out of 10. Although GRP.U is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Warning: GRP.U has an average volume of 9398 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both positive. This is looking good!
GRP.U is one of the better performing stocks in the Diversified REITs industry, it outperforms 75% of 129 stocks in the same industry.
When compared to the yearly performance of all other stocks, GRP.U outperforms 66% of them, which is more or less in line with the market.
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.
In the last month GRP.U has a been trading in the 47.75 - 52.88 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although GRP.U has an excellent technical rating, it 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
47.01
53.14
When analyzing the support we can see 2 important areas.
- A support zone ranging from 50.44 to 50.49. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 47.48 to 47.88. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 50.70 to 52.61. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 GRP.U is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for GRP.U is up. |
| ChartMill Relative Strength | 66.99 | NEUTRAL | GRP.U is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of GRP.U is below 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) | DOWN | MIXED | The current price of GRP.U is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 53.93 | NEUTRAL | The RSI value for GRP.U is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.24 | NEGATIVE | The MACD value suggests GRP.U has a negative trend. |
| Stochastics (14,3) | 30.58 | NEUTRAL | The Stochastics value for GRP.U is a neutral value. |
| Average True Range in percent/ATR (20) | 1.47 | LOW VOLATILITY | The low ATR as a percentage value for GRP.U suggests low volalility. |
| Average Directional Index/ADX (14) | 40.2 | 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 (6/20/2025, 4:10:02 PM)
50.65
+0.15 (+0.3%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryDiversified REITs
Performance
% Chg0.3%
1 Week-2.28%
2 Weeks-0.38%
1 Month4.95%
3 Month10.84%
6 Month2.75%
12 Month3.06%
2 Year-14.39%
3 Year-17.38%
5 Year-2.19%
10 Year47.92%
15 YearN/A
Volatility
ATR(14)0.7
ATR(20)%1.47%
ATR Inc-8.43%
Range Today1.46
ADR(20)0.59
ADR(20)%1.16%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS66.99
Mansfield-0.49
10 Day High52.88
10 Day Low50.34
20 Day High52.88
20 Day Low47.75
52 Week High65.63
52 Week Low38.37
CS1 End50.49
CR1 Start50.7
Volume & EV
DER(3)0%
DER(5)0.98%
Volume11.49K
Volume Incr-5.42%
Vol(5)7.16K
Vol(50)9.40K