(GRIN) Grindrod Shipping complete technical analysis [charts+indicators] | Buy/Sell Grindrod Shipping | (GRIN) share price targets
Complete technical analysis of Grindrod Shipping (GRIN) by charts plus indicators, forecast predictions and share price targets for Grindrod Shipping (GRIN)
Grindrod Shipping trades in USA in Transportation sector.
Showing technical analysis as on 2024-01-09 View latest technical analysis
10 day averaged volume of Grindrod Shipping is 22390
Date | Daily Closing Price | Open | High | Low | Volume |
09 Tue Jan 2024 | 8.92 | 9.00 | 9.13 | 8.92 | 0.875 times |
08 Mon Jan 2024 | 9.00 | 9.00 | 9.18 | 8.87 | 1.184 times |
05 Fri Jan 2024 | 8.99 | 9.02 | 9.15 | 8.90 | 0.648 times |
04 Thu Jan 2024 | 9.02 | 9.20 | 9.28 | 9.02 | 0.612 times |
03 Wed Jan 2024 | 9.12 | 8.60 | 9.18 | 8.60 | 1.349 times |
02 Tue Jan 2024 | 8.96 | 9.00 | 9.32 | 8.96 | 0.603 times |
29 Fri Dec 2023 | 9.01 | 9.17 | 9.25 | 9.00 | 1.143 times |
29 Fri Dec 2023 | 9.01 | 9.17 | 9.25 | 9.00 | 1.143 times |
28 Thu Dec 2023 | 9.25 | 9.12 | 9.46 | 9.06 | 1.099 times |
27 Wed Dec 2023 | 9.10 | 9.12 | 9.31 | 9.00 | 1.429 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 8.8 as stoploss in an intra day buy trade for a target of 9.08. However, stock will show a bearish move below 8.8.
Share price targets for Grindrod Shipping (GRIN)
Target Type | Value |
Downside Target | 7.35 |
Downside Target | 7.90 |
Downside Target | 8.06 |
Downside Target | 8.60 |
Downside Target | 8.87 |
Upside Target | 9.18 |
Upside Target | 9.32 |
Upside Target | 9.46 |
Upside Target | 9.55 |
Upside Target | 9.99 |
Upside Target | 10.44 |
Upside Target | 10.54 |
Upside Target | 14.90 |
Intraday share price targets for Grindrod Shipping (GRIN)
Target Type | Value |
Downside Intraday Target | 8.8 |
Downside Intraday Target | 8.68 |
Upside Intraday Target | 9.11 |
Upside Intraday Target | 9.3 |
Upside Intraday Target | 8.99 |
Weekly technical analysis of Grindrod Shipping (GRIN)
Date | Weekly Closing Price | Open | High | Low | Volume |
09 Tue Jan 2024 | 8.92 | 9.00 | 9.18 | 8.87 | 0.641 times |
05 Fri Jan 2024 | 8.99 | 9.00 | 9.32 | 8.60 | 2.809 times |
29 Fri Dec 2023 | 9.01 | 9.17 | 9.25 | 9.00 | 0.256 times |
29 Fri Dec 2023 | 9.01 | 9.07 | 9.46 | 9.00 | 0.646 times |
22 Fri Dec 2023 | 9.12 | 8.87 | 9.99 | 8.06 | 1.394 times |
Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.
Monthly technical analysis of Grindrod Shipping (GRIN)
Date | Monthly Closing Price | Open | High | Low | Volume |
09 Tue Jan 2024 | 8.92 | 9.00 | 9.32 | 8.60 | 0.23 times |
29 Fri Dec 2023 | 9.01 | 10.19 | 10.54 | 8.06 | 0.943 times |
30 Thu Nov 2023 | 10.12 | 9.20 | 10.44 | 7.35 | 0.38 times |
31 Tue Oct 2023 | 9.26 | 9.62 | 14.90 | 7.90 | 3.943 times |
Scroll below to view daily charts
Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.
Indicators analysis of Grindrod Shipping (GRIN)
Price action analysis of Grindrod Shipping ( (GRIN) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Grindrod Shipping ( (GRIN) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Grindrod Shipping ( (GRIN) ) based on a short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Grindrod Shipping ( (GRIN) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Grindrod Shipping stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Grindrod Shipping in short term and the sell signal is strong.
Grindrod Shipping Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Grindrod Shipping in short term and SELL signal is strong!
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in negative zone. This is the SELL zone
Stock of Grindrod Shipping is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 9.05 and Grindrod Shipping (GRIN) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the Grindrod Shipping (GRIN) stock. Volume based technical analysis of Grindrod Shipping (GRIN) stock is negative.
Grindrod Shipping Stock has given negative returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Price action analysis of Grindrod Shipping ( (GRIN) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Grindrod Shipping ( (GRIN) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Grindrod Shipping ( (GRIN) ) based on a short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Grindrod Shipping ( (GRIN) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Grindrod Shipping stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Grindrod Shipping in short term and the sell signal is strong.
Grindrod Shipping Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Grindrod Shipping in short term and SELL signal is strong!
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in negative zone. This is the SELL zone
Stock of Grindrod Shipping is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 9.05 and Grindrod Shipping (GRIN) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the Grindrod Shipping (GRIN) stock. Volume based technical analysis of Grindrod Shipping (GRIN) stock is negative.
Grindrod Shipping Stock has given negative returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.