(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 2024-01-19 View latest technical analysis
10 day averaged volume of Grindrod Shipping is 14620
| Date | Daily Closing Price | Open | High | Low | Volume |
| 19 Fri Jan 2024 | 9.04 | 9.00 | 9.05 | 8.80 | 1.341 times |
| 18 Thu Jan 2024 | 9.09 | 9.04 | 9.10 | 8.84 | 0.882 times |
| 17 Wed Jan 2024 | 8.95 | 8.81 | 9.09 | 8.81 | 0.93 times |
| 16 Tue Jan 2024 | 9.09 | 9.00 | 9.09 | 8.90 | 0.903 times |
| 12 Fri Jan 2024 | 8.95 | 9.17 | 9.17 | 8.92 | 0.308 times |
| 12 Fri Jan 2024 | 8.95 | 9.17 | 9.17 | 8.92 | 0.308 times |
| 11 Thu Jan 2024 | 9.00 | 9.13 | 9.15 | 8.84 | 0.773 times |
| 10 Wed Jan 2024 | 9.14 | 9.50 | 9.50 | 8.90 | 1.751 times |
| 09 Tue Jan 2024 | 8.92 | 9.00 | 9.13 | 8.92 | 1.341 times |
| 08 Mon Jan 2024 | 9.00 | 9.00 | 9.18 | 8.87 | 1.813 times |
My analysis of stock is bearish for shortterm, and stock might move down till 9 or till 8.9. Use a stoploss of 9.05 and if the stock hits stoploss, then it can shoot up till 9.14
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 | 8.80 |
| Upside Target | 9.32 |
| Upside Target | 9.50 |
| Upside Target | 9.55 |
| 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 | 8.86 |
| Downside Intraday Target | 8.68 |
| Upside Intraday Target | 9.16 |
| Upside Intraday Target | 9.28 |
| Downside Intraday Target | 8.98 |
Weekly technical analysis of Grindrod Shipping (GRIN)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 19 Fri Jan 2024 | 9.04 | 9.00 | 9.10 | 8.80 | 13.178 times |
| 12 Fri Jan 2024 | 8.95 | 9.17 | 9.17 | 8.92 | 0.051 times |
| 12 Fri Jan 2024 | 8.95 | 9.00 | 9.50 | 8.84 | 1.217 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 |
Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Grindrod Shipping (GRIN)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 19 Fri Jan 2024 | 9.04 | 9.00 | 9.50 | 8.60 | 0.435 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 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 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 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 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 BUY signal for Grindrod Shipping in short term but the buy signal is initial and weak.
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 getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red 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 positive zone. This is a BUY 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 9.03 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 rising upwards.
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 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 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 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 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 BUY signal for Grindrod Shipping in short term but the buy signal is initial and weak.
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 getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red 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 positive zone. This is a BUY 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 9.03 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 rising upwards.
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.