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(GROM) complete technical analysis [charts+indicators] | Buy/Sell | (GROM) share price targets

Complete technical analysis of (GROM) by charts plus indicators, forecast predictions and share price targets for (GROM)

Showing technical analysis as on 2024-05-31 View latest technical analysis

10 day averaged volume of is 76736

Date	Daily Closing Price	Open	High	Low	Volume
31 Fri May 2024	0.48	0.50	0.50	0.48	0.481 times
30 Thu May 2024	0.49	0.47	0.51	0.47	0.305 times
29 Wed May 2024	0.50	0.51	0.52	0.47	1.678 times
28 Tue May 2024	0.49	0.50	0.51	0.49	0.623 times
23 Thu May 2024	0.53	0.56	0.56	0.53	0.614 times
22 Wed May 2024	0.52	0.57	0.57	0.52	1.254 times
21 Tue May 2024	0.55	0.55	0.57	0.53	0.774 times
20 Mon May 2024	0.55	0.55	0.57	0.55	0.658 times
17 Fri May 2024	0.55	0.56	0.59	0.54	1.976 times
16 Thu May 2024	0.57	0.58	0.58	0.54	1.407 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 0.5, for a target of 0.5 or 0.54

Share price targets for (GROM)

Target Type	Value
Downside Target	0.47
Upside Target	0.52
Upside Target	0.55
Upside Target	0.57
Upside Target	0.60
Upside Target	0.66
Upside Target	0.69
Upside Target	0.70
Upside Target	0.73
Upside Target	0.86
Upside Target	0.89
Upside Target	1.33
Upside Target	1.61

Intraday share price targets for (GROM)

Target Type	Value
Downside Intraday Target	0.46
Downside Intraday Target	0.44
Upside Intraday Target	0.51
Upside Intraday Target	0.54
Upside Intraday Target	0.49

Weekly technical analysis of (GROM)

Date	Weekly Closing Price	Open	High	Low	Volume
31 Fri May 2024	0.48	0.50	0.52	0.47	0.936 times
23 Thu May 2024	0.53	0.55	0.57	0.52	0.54 times
17 Fri May 2024	0.55	0.55	0.60	0.52	0.399 times
10 Fri May 2024	0.53	0.59	0.70	0.52	3.461 times
03 Fri May 2024	0.59	0.62	0.66	0.55	0.809 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 (GROM)

Date	Monthly Closing Price	Open	High	Low	Volume
31 Fri May 2024	0.48	0.60	0.70	0.47	1.27 times
30 Tue Apr 2024	0.62	0.83	0.86	0.55	0.047 times
28 Thu Mar 2024	0.83	0.78	1.61	0.73	49.674 times
29 Thu Feb 2024	0.80	0.75	0.89	0.69	0.208 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 (GROM)

Price action analysis of ( (GROM) ) based on a short 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 ( (GROM) ) 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 ( (GROM) ) 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 stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for in short term but the buy signal is initial and weak.

Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls 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 in short term and SELL 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

Although the stock is in the SELL zone, but selling might be slowing down

Stock of is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 0.53 and (GROM) 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 (GROM) stock. Volume based technical analysis of (GROM) stock is negative.

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.