(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 2024-07-08 View latest technical analysis
10 day averaged volume of Grindrod Shipping is 14930
| Date | Daily Closing Price | Open | High | Low | Volume |
| 08 Mon Jul 2024 | 13.87 | 13.78 | 13.94 | 13.78 | 0.368 times |
| 05 Fri Jul 2024 | 13.87 | 13.81 | 13.88 | 13.75 | 1.668 times |
| 03 Wed Jul 2024 | 13.94 | 13.94 | 13.95 | 13.90 | 0.328 times |
| 03 Wed Jul 2024 | 13.94 | 13.94 | 13.95 | 13.90 | 0.328 times |
| 02 Tue Jul 2024 | 13.94 | 13.82 | 13.94 | 13.82 | 1.259 times |
| 01 Mon Jul 2024 | 13.85 | 13.82 | 13.88 | 13.78 | 2.425 times |
| 28 Fri Jun 2024 | 13.80 | 13.85 | 13.87 | 13.77 | 1.246 times |
| 27 Thu Jun 2024 | 13.84 | 13.83 | 13.87 | 13.80 | 0.563 times |
| 26 Wed Jun 2024 | 13.83 | 13.77 | 13.83 | 13.72 | 0.757 times |
| 25 Tue Jun 2024 | 13.88 | 13.75 | 13.91 | 13.75 | 0.415 times |
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 13.9 as stoploss in an intra day sell trade for a target of 13.78. However, stock will show a bullish move above 13.9.
Share price targets for Grindrod Shipping (GRIN)
| Target Type | Value |
| Downside Target | 8.50 |
| Downside Target | 10.05 |
| Downside Target | 10.96 |
| Downside Target | 13.20 |
| Downside Target | 13.72 |
| Upside Target | 13.95 |
| Upside Target | 14.00 |
| Upside Target | 14.19 |
Intraday share price targets for Grindrod Shipping (GRIN)
| Target Type | Value |
| Downside Intraday Target | 13.79 |
| Downside Intraday Target | 13.7 |
| Upside Intraday Target | 13.95 |
| Upside Intraday Target | 14.02 |
| Downside Intraday Target | 13.86 |
Weekly technical analysis of Grindrod Shipping (GRIN)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 08 Mon Jul 2024 | 13.87 | 13.78 | 13.94 | 13.78 | 0.185 times |
| 05 Fri Jul 2024 | 13.87 | 13.94 | 13.95 | 13.75 | 0.497 times |
| 03 Wed Jul 2024 | 13.94 | 13.82 | 13.95 | 13.78 | 1.005 times |
| 28 Fri Jun 2024 | 13.80 | 13.87 | 13.91 | 13.72 | 0.481 times |
| 21 Fri Jun 2024 | 13.85 | 13.50 | 14.00 | 13.42 | 2.123 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 |
| 08 Mon Jul 2024 | 13.87 | 13.82 | 13.95 | 13.75 | 0.282 times |
| 28 Fri Jun 2024 | 13.80 | 13.69 | 14.00 | 13.33 | 0.989 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 |
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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 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 buy signal for Grindrod Shipping in short term and BUY 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
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Grindrod Shipping is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 13.87 and Grindrod Shipping (GRIN) stock is trading below this level. This means that stock is falling with high volumes. 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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 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 buy signal for Grindrod Shipping in short term and BUY 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
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Grindrod Shipping is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 13.87 and Grindrod Shipping (GRIN) stock is trading below this level. This means that stock is falling with high volumes. 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.