(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 2024-02-07 View latest technical analysis
10 day averaged volume of Grindrod Shipping is 13360
| Date | Daily Closing Price | Open | High | Low | Volume |
| 07 Wed Feb 2024 | 9.42 | 9.60 | 9.69 | 9.40 | 0.793 times |
| 06 Tue Feb 2024 | 9.55 | 9.40 | 9.65 | 9.13 | 1.302 times |
| 05 Mon Feb 2024 | 9.49 | 9.00 | 9.50 | 8.92 | 3.241 times |
| 02 Fri Feb 2024 | 8.97 | 8.88 | 9.04 | 8.88 | 0.457 times |
| 01 Thu Feb 2024 | 8.91 | 9.10 | 9.10 | 8.91 | 0.704 times |
| 31 Wed Jan 2024 | 9.08 | 9.00 | 9.10 | 8.85 | 0.247 times |
| 30 Tue Jan 2024 | 8.87 | 9.10 | 9.10 | 8.80 | 1.317 times |
| 29 Mon Jan 2024 | 9.10 | 8.91 | 9.15 | 8.91 | 0.883 times |
| 26 Fri Jan 2024 | 8.81 | 8.81 | 9.13 | 8.68 | 0.778 times |
| 25 Thu Jan 2024 | 8.67 | 8.84 | 8.91 | 8.66 | 0.576 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 9.3, but if it comes below 9.3, then a intra day sell could be more profitable.
If you take a sell trade below 9.3, then use 9.3 as stoploss and 9.04 as target. However if you take a buy trade in stock , then use 9.3 as stoploss and 9.5 as target.
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 | 9.10 |
| Downside Target | 9.17 |
| Upside Target | 9.50 |
| Upside Target | 9.69 |
| 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 | 9 |
| Downside Intraday Target | 8.57 |
| Upside Intraday Target | 9.77 |
| Upside Intraday Target | 10.11 |
| Downside Intraday Target | 9.34 |
Weekly technical analysis of Grindrod Shipping (GRIN)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 07 Wed Feb 2024 | 9.42 | 9.00 | 9.69 | 8.92 | 1.479 times |
| 02 Fri Feb 2024 | 8.97 | 8.91 | 9.15 | 8.80 | 1.015 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 |
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 |
| 07 Wed Feb 2024 | 9.42 | 9.10 | 9.69 | 8.88 | 0.286 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 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 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 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 to mid 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 mid to longer 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.
ADX buy sell signal for Grindrod Shipping stock for short term is BUY. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Grindrod Shipping in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Grindrod Shipping Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
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 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 9.21 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 positive
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 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 to mid 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 mid to longer 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.
ADX buy sell signal for Grindrod Shipping stock for short term is BUY. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Grindrod Shipping in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Grindrod Shipping Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
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 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 9.21 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.