(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 2024-02-01 View latest technical analysis
10 day averaged volume of Grindrod Shipping is 11270
Date | Daily Closing Price | Open | High | Low | Volume |
01 Thu Feb 2024 | 8.91 | 9.10 | 9.10 | 8.91 | 0.834 times |
31 Wed Jan 2024 | 9.08 | 9.00 | 9.10 | 8.85 | 0.293 times |
30 Tue Jan 2024 | 8.87 | 9.10 | 9.10 | 8.80 | 1.562 times |
29 Mon Jan 2024 | 9.10 | 8.91 | 9.15 | 8.91 | 1.047 times |
26 Fri Jan 2024 | 8.81 | 8.81 | 9.13 | 8.68 | 0.923 times |
25 Thu Jan 2024 | 8.67 | 8.84 | 8.91 | 8.66 | 0.683 times |
24 Wed Jan 2024 | 8.82 | 9.03 | 9.11 | 8.82 | 0.586 times |
23 Tue Jan 2024 | 8.81 | 9.08 | 9.15 | 8.81 | 1.313 times |
22 Mon Jan 2024 | 9.15 | 9.02 | 9.15 | 8.94 | 0.71 times |
19 Fri Jan 2024 | 9.04 | 9.00 | 9.05 | 8.80 | 1.739 times |
My analysis of stock is bearish for shortterm, and stock might move down till 8.8 or till 8.7. Use a stoploss of 8.97 and if the stock hits stoploss, then it can shoot up till 9.09
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 |
Upside Target | 9.10 |
Upside Target | 9.15 |
Upside Target | 9.17 |
Upside Target | 9.50 |
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 | 8.76 |
Downside Intraday Target | 8.6 |
Upside Intraday Target | 9.11 |
Upside Intraday Target | 9.3 |
Upside Intraday Target | 8.95 |
Weekly technical analysis of Grindrod Shipping (GRIN)
Date | Weekly Closing Price | Open | High | Low | Volume |
01 Thu Feb 2024 | 8.91 | 8.91 | 9.15 | 8.80 | 0.886 times |
26 Fri Jan 2024 | 8.81 | 9.02 | 9.15 | 8.66 | 0.801 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 |
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 |
01 Thu Feb 2024 | 8.91 | 9.10 | 9.10 | 8.91 | 0.031 times |
31 Wed Jan 2024 | 9.08 | 9.00 | 9.50 | 8.60 | 0.592 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 |
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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 neutral. A longer time frame might give a better analysis.
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. Bulls are getting tired and bears are picking up momentum.
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 but SELL signal is weak.
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 8.92 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 neutral. A longer time frame might give a better analysis.
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. Bulls are getting tired and bears are picking up momentum.
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 but SELL signal is weak.
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 8.92 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.