(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 2024-01-10 View latest technical analysis
10 day averaged volume of Grindrod Shipping is 22580
Date | Daily Closing Price | Open | High | Low | Volume |
10 Wed Jan 2024 | 9.14 | 9.50 | 9.50 | 8.90 | 1.134 times |
09 Tue Jan 2024 | 8.92 | 9.00 | 9.13 | 8.92 | 0.868 times |
08 Mon Jan 2024 | 9.00 | 9.00 | 9.18 | 8.87 | 1.174 times |
05 Fri Jan 2024 | 8.99 | 9.02 | 9.15 | 8.90 | 0.642 times |
04 Thu Jan 2024 | 9.02 | 9.20 | 9.28 | 9.02 | 0.607 times |
03 Wed Jan 2024 | 9.12 | 8.60 | 9.18 | 8.60 | 1.337 times |
02 Tue Jan 2024 | 8.96 | 9.00 | 9.32 | 8.96 | 0.598 times |
29 Fri Dec 2023 | 9.01 | 9.17 | 9.25 | 9.00 | 1.134 times |
29 Fri Dec 2023 | 9.01 | 9.17 | 9.25 | 9.00 | 1.134 times |
28 Thu Dec 2023 | 9.25 | 9.12 | 9.46 | 9.06 | 1.089 times |
My analysis of stock is bullish for shortterm, and stock might move up till 9.3 or till 9.6. Use a stoploss of 9.06 and if this stock hits its stoploss, then it can fall down till 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 | 9.25 |
Upside Target | 9.50 |
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 | 8.84 |
Downside Intraday Target | 8.54 |
Upside Intraday Target | 9.47 |
Upside Intraday Target | 9.8 |
Upside Intraday Target | 9.17 |
Weekly technical analysis of Grindrod Shipping (GRIN)
Date | Weekly Closing Price | Open | High | Low | Volume |
10 Wed Jan 2024 | 9.14 | 9.00 | 9.50 | 8.87 | 0.997 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 up 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 |
10 Wed Jan 2024 | 9.14 | 9.00 | 9.50 | 8.60 | 0.28 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 up 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Grindrod Shipping ( (GRIN) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Grindrod Shipping ( (GRIN) ) based on a short to mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 Weak and stock is losing momentum.
MACD generated a SELL signal for Grindrod Shipping in short term and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 above the green cloud Prices appear to be moving up
CCI has generated a buy signal for Grindrod Shipping in short term and BUY signal is strong.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Grindrod Shipping is picking up selling 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 above this level. This is a good sign for the stock and it could move higher. 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 is giving positive 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Grindrod Shipping ( (GRIN) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Grindrod Shipping ( (GRIN) ) based on a short to mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 Weak and stock is losing momentum.
MACD generated a SELL signal for Grindrod Shipping in short term and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 above the green cloud Prices appear to be moving up
CCI has generated a buy signal for Grindrod Shipping in short term and BUY signal is strong.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Grindrod Shipping is picking up selling 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 above this level. This is a good sign for the stock and it could move higher. 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 is giving positive 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.