(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 2024-06-26 View latest technical analysis
10 day averaged volume of Grindrod Shipping is 23920
| Date | Daily Closing Price | Open | High | Low | Volume |
| 26 Wed Jun 2024 | 13.83 | 13.77 | 13.83 | 13.72 | 0.472 times |
| 25 Tue Jun 2024 | 13.88 | 13.75 | 13.91 | 13.75 | 0.259 times |
| 24 Mon Jun 2024 | 13.85 | 13.87 | 13.89 | 13.85 | 0.631 times |
| 21 Fri Jun 2024 | 13.85 | 13.78 | 13.93 | 13.78 | 0.472 times |
| 20 Thu Jun 2024 | 13.87 | 13.96 | 14.00 | 13.84 | 2.709 times |
| 18 Tue Jun 2024 | 13.55 | 13.50 | 13.60 | 13.42 | 2.003 times |
| 18 Tue Jun 2024 | 13.55 | 13.50 | 13.60 | 13.42 | 2.003 times |
| 17 Mon Jun 2024 | 13.55 | 13.59 | 13.60 | 13.53 | 0.439 times |
| 14 Fri Jun 2024 | 13.70 | 13.70 | 13.73 | 13.66 | 0.999 times |
| 13 Thu Jun 2024 | 13.65 | 13.72 | 13.72 | 13.51 | 0.159 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 13.8, but if it comes below 13.8, then a intra day sell could be more profitable.
If you take a sell trade below 13.8, then use 13.8 as stoploss and 13.71 as target. However if you take a buy trade in stock , then use 13.8 as stoploss and 13.9 as target.
Share price targets for Grindrod Shipping (GRIN)
| Target Type | Value |
| Downside Target | 8.50 |
| Downside Target | 8.80 |
| Downside Target | 9.70 |
| Downside Target | 10.05 |
| Downside Target | 10.96 |
| Downside Target | 13.20 |
| Downside Target | 13.74 |
| Upside Target | 13.89 |
| Upside Target | 13.91 |
| Upside Target | 14.00 |
| Upside Target | 14.19 |
Intraday share price targets for Grindrod Shipping (GRIN)
| Target Type | Value |
| Downside Intraday Target | 13.73 |
| Downside Intraday Target | 13.63 |
| Upside Intraday Target | 13.92 |
| Upside Intraday Target | 14.01 |
| Downside Intraday Target | 13.82 |
Weekly technical analysis of Grindrod Shipping (GRIN)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 26 Wed Jun 2024 | 13.83 | 13.87 | 13.91 | 13.72 | 0.263 times |
| 21 Fri Jun 2024 | 13.85 | 13.50 | 14.00 | 13.42 | 2.123 times |
| 18 Tue Jun 2024 | 13.55 | 13.59 | 13.60 | 13.42 | 1.281 times |
| 14 Fri Jun 2024 | 13.70 | 13.33 | 13.74 | 13.33 | 0.921 times |
| 07 Fri Jun 2024 | 13.67 | 13.69 | 13.89 | 13.55 | 1.827 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 |
| 26 Wed Jun 2024 | 13.83 | 13.69 | 14.00 | 13.33 | 0.91 times |
| 31 Fri May 2024 | 13.63 | 13.55 | 14.00 | 13.20 | 0.424 times |
| 30 Tue Apr 2024 | 13.72 | 10.65 | 14.19 | 10.05 | 2.299 times |
| 28 Thu Mar 2024 | 10.35 | 8.72 | 10.96 | 8.50 | 1.678 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 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 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 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 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 gaining momentum.
MACD generated a SELL signal for Grindrod Shipping in short term but the sell signal is initial and weak.
Grindrod Shipping Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green 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 13.71 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 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 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 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 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 gaining momentum.
MACD generated a SELL signal for Grindrod Shipping in short term but the sell signal is initial and weak.
Grindrod Shipping Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green 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 13.71 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.