Taking everything into account, GRW scores 1 out of 10 in our technical rating. GRW scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Although the technical rating is bad, GRW does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 31.69. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 31.55, a Stop Loss order could be placed below this zone.
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29.62
2 important support areas can be observed.
- A support zone ranging from 30.51 to 30.52. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- A support zone ranging from 29.92 to 29.92. This zone is formed by a combination of multiple trend lines in the daily time frame.
4 important resistance areas can be observed.
- A resistance zone ranging from 31.35 to 31.74. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @32.47 from a trend line in the weekly time frame.
- Resistance @33.02 from a horizontal line in the daily time frame.
- A resistance zone ranging from 34.70 to 35.24. This zone is formed by a combination of multiple trend lines 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 | DOWN | NEGATIVE | The long term trend for GRW is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for GRW is neutral. |
| ChartMill Relative Strength | 21.89 | NEGATIVE | GRW has a low relative strength, it was outperformed by 78.11% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of GRW is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of GRW is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of GRW is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 56.17 | NEUTRAL | The RSI value for GRW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests GRW has a positive trend. |
| Stochastics (14,3) | 75.69 | NEUTRAL | The Stochastics value for GRW is a neutral value. |
| Average True Range in percent/ATR (20) | 1.07 | LOW VOLATILITY | The low ATR as a percentage value for GRW suggests low volalility. |
| Average Directional Index/ADX (14) | 16.46 | NEGATIVE | The low ADX value for GRW suggests a weak or negative trend. |
31.2701
-0.35 (-1.11%)
TCW DURABLE GROWTH ETF / GRW FAQ
What is the ChartMill technical rating of TCW DURABLE GROWTH ETF (GRW) stock?
ChartMill assigns a technical rating of 1 / 10 to GRW.
Can you provide the trend direction for TCW DURABLE GROWTH ETF?
The current trend direction for TCW DURABLE GROWTH ETF (GRW) is Bearish.
What is the RSI signal for GRW stock?
TCW DURABLE GROWTH ETF (GRW) has an RSI value of 56.172. This indicates that the stock is currently neutral.
What is the MACD signal for TCW DURABLE GROWTH ETF (GRW) stock?
The MACD indicator for TCW DURABLE GROWTH ETF (GRW) has a value of 0.0716887, indicating a bearish trend.
What are the support and resistance levels for TCW DURABLE GROWTH ETF (GRW) stock?
TCW DURABLE GROWTH ETF (GRW) has a support level at 31.55 and a resistance level at 31.69. Check the full technical report for our detailed analysis of GRW support and resistance levels.