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(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.

10 day averaged volume of Grindrod Shipping is 59130

Date	Daily Closing Price	Open	High	Low	Volume
15 Mon Apr 2024	13.67	13.61	13.75	13.55	0.24 times
12 Fri Apr 2024	13.64	13.55	13.69	13.55	0.558 times
11 Thu Apr 2024	13.61	13.52	13.65	13.48	0.898 times
10 Wed Apr 2024	13.60	13.49	13.64	13.43	0.617 times
09 Tue Apr 2024	13.53	13.55	13.60	13.48	0.612 times
08 Mon Apr 2024	13.55	13.41	13.60	13.32	1.121 times
05 Fri Apr 2024	13.65	13.27	13.70	13.20	4.908 times
04 Thu Apr 2024	10.54	10.51	10.54	10.26	0.726 times
03 Wed Apr 2024	10.25	10.64	10.71	10.05	0.255 times
02 Tue Apr 2024	10.63	10.51	10.70	10.30	0.188 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 13.1, but if it comes below 13.1, then a intra day sell could be more profitable.
If you take a sell trade below 13.1, then use 13.1 as stoploss and 11.6 as target. However if you take a buy trade in stock , then use 13.1 as stoploss and 14.9 as target.

Share price targets for Grindrod Shipping (GRIN)

Target Type	Value
Downside Target	8.06
Downside Target	8.50
Downside Target	8.80
Downside Target	9.50
Downside Target	9.70
Downside Target	10.00
Downside Target	10.54
Downside Target	10.82
Downside Target	13.32
Downside Target	13.55
Upside Target	13.69
Upside Target	13.70
Upside Target	13.75

Intraday share price targets for Grindrod Shipping (GRIN)

Target Type	Value
Downside Intraday Target	13.56
Downside Intraday Target	13.46
Upside Intraday Target	13.76
Upside Intraday Target	13.86
Downside Intraday Target	13.66

Weekly technical analysis of Grindrod Shipping (GRIN)

Date	Weekly Closing Price	Open	High	Low	Volume
15 Mon Apr 2024	13.67	13.61	13.75	13.55	0.063 times
12 Fri Apr 2024	13.64	13.41	13.69	13.32	0.615 times
05 Fri Apr 2024	13.65	10.65	13.70	10.05	9.438 times
28 Thu Mar 2024	10.35	10.60	10.82	10.02	0.371 times
22 Fri Mar 2024	10.50	10.19	10.96	10.00	0.794 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
15 Mon Apr 2024	13.67	10.65	13.75	10.05	1.732 times
28 Thu Mar 2024	10.35	8.72	10.96	8.50	1.678 times
29 Thu Feb 2024	8.93	9.10	9.70	8.80	0.687 times
31 Wed Jan 2024	9.08	9.00	9.50	8.60	0.592 times

Scroll below to view daily charts

Price has moved up this month, and volume has increased substantially. This means that the move can 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 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 moving up

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 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 13.26 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.