(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 2024-01-24 View latest technical analysis
10 day averaged volume of Grindrod Shipping is 12800
| Date | Daily Closing Price | Open | High | Low | Volume |
| 24 Wed Jan 2024 | 8.82 | 9.03 | 9.11 | 8.82 | 0.516 times |
| 23 Tue Jan 2024 | 8.81 | 9.08 | 9.15 | 8.81 | 1.156 times |
| 22 Mon Jan 2024 | 9.15 | 9.02 | 9.15 | 8.94 | 0.625 times |
| 19 Fri Jan 2024 | 9.04 | 9.00 | 9.05 | 8.80 | 1.531 times |
| 18 Thu Jan 2024 | 9.09 | 9.04 | 9.10 | 8.84 | 1.008 times |
| 17 Wed Jan 2024 | 8.95 | 8.81 | 9.09 | 8.81 | 1.063 times |
| 16 Tue Jan 2024 | 9.09 | 9.00 | 9.09 | 8.90 | 1.031 times |
| 12 Fri Jan 2024 | 8.95 | 9.17 | 9.17 | 8.92 | 0.352 times |
| 12 Fri Jan 2024 | 8.95 | 9.17 | 9.17 | 8.92 | 0.352 times |
| 11 Thu Jan 2024 | 9.00 | 9.13 | 9.15 | 8.84 | 0.883 times |
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 8.8, for a target of 8.9 or 9.01
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 | 9.10 |
| 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 | 8.7 |
| Downside Intraday Target | 8.59 |
| Upside Intraday Target | 9.04 |
| Upside Intraday Target | 9.27 |
| Upside Intraday Target | 8.93 |
Weekly technical analysis of Grindrod Shipping (GRIN)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 24 Wed Jan 2024 | 8.82 | 9.02 | 9.15 | 8.81 | 0.496 times |
| 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 |
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 |
| 24 Wed Jan 2024 | 8.82 | 9.00 | 9.50 | 8.60 | 0.493 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 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.
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.
Grindrod Shipping Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
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 but buying is losing 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 8.99 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 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.
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.
Grindrod Shipping Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
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 but buying is losing 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 8.99 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.