(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 2024-03-06 View latest technical analysis
10 day averaged volume of Grindrod Shipping is 10730
Date | Daily Closing Price | Open | High | Low | Volume |
06 Wed Mar 2024 | 8.90 | 8.85 | 8.97 | 8.80 | 1.566 times |
05 Tue Mar 2024 | 8.93 | 8.85 | 9.09 | 8.60 | 1.24 times |
04 Mon Mar 2024 | 9.00 | 8.95 | 9.00 | 8.71 | 1.603 times |
01 Fri Mar 2024 | 8.97 | 8.72 | 9.01 | 8.50 | 1.584 times |
29 Thu Feb 2024 | 8.93 | 8.93 | 9.10 | 8.80 | 1.249 times |
28 Wed Feb 2024 | 9.07 | 9.20 | 9.24 | 8.93 | 1.1 times |
27 Tue Feb 2024 | 9.24 | 9.19 | 9.37 | 9.05 | 0.242 times |
26 Mon Feb 2024 | 9.17 | 9.01 | 9.39 | 9.01 | 0.718 times |
23 Fri Feb 2024 | 9.05 | 9.40 | 9.40 | 9.05 | 0.718 times |
22 Thu Feb 2024 | 9.35 | 9.25 | 9.38 | 9.19 | 1.221 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 9, but if it comes above 9, then a intra day buy could be more profitable.
If you take a sell trade below 9, then use 9 as stoploss and 8.8 as target. However if you take a buy trade in stock , then use 9 as stoploss and 9.19 as target.
Share price targets for Grindrod Shipping (GRIN)
Target Type | Value |
Downside Target | 7.35 |
Downside Target | 8.06 |
Downside Target | 8.50 |
Downside Target | 8.80 |
Upside Target | 9.39 |
Upside Target | 9.49 |
Upside Target | 9.50 |
Upside Target | 9.70 |
Upside Target | 10.44 |
Upside Target | 10.54 |
Intraday share price targets for Grindrod Shipping (GRIN)
Target Type | Value |
Downside Intraday Target | 8.64 |
Downside Intraday Target | 8.37 |
Upside Intraday Target | 9.13 |
Upside Intraday Target | 9.35 |
Downside Intraday Target | 8.86 |
Weekly technical analysis of Grindrod Shipping (GRIN)
Date | Weekly Closing Price | Open | High | Low | Volume |
06 Wed Mar 2024 | 8.90 | 8.95 | 9.09 | 8.60 | 0.901 times |
01 Fri Mar 2024 | 8.97 | 9.01 | 9.39 | 8.50 | 2.004 times |
23 Fri Feb 2024 | 9.05 | 9.25 | 9.49 | 9.05 | 0.642 times |
16 Fri Feb 2024 | 9.34 | 9.35 | 9.50 | 9.12 | 0.451 times |
09 Fri Feb 2024 | 9.46 | 9.00 | 9.70 | 8.92 | 1.876 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 |
06 Wed Mar 2024 | 8.90 | 8.72 | 9.09 | 8.50 | 0.309 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 |
29 Fri Dec 2023 | 9.01 | 10.19 | 10.54 | 8.06 | 0.943 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 Grindrod Shipping (GRIN)
Price action analysis of Grindrod Shipping ( (GRIN) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Grindrod Shipping ( (GRIN) ) 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 Grindrod Shipping ( (GRIN) ) 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 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 SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Grindrod Shipping in short term and the sell signal is strong.
Grindrod Shipping Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a buy signal for Grindrod Shipping in short term but BUY signal is weak.
RSI is generating a SELL signal in short term but selling 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 9.03 and Grindrod Shipping (GRIN) 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 Grindrod Shipping (GRIN) stock. Volume based technical analysis of Grindrod Shipping (GRIN) stock is negative.
Grindrod Shipping Stock has given negative 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Grindrod Shipping ( (GRIN) ) 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 Grindrod Shipping ( (GRIN) ) 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 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 SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Grindrod Shipping in short term and the sell signal is strong.
Grindrod Shipping Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a buy signal for Grindrod Shipping in short term but BUY signal is weak.
RSI is generating a SELL signal in short term but selling 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 9.03 and Grindrod Shipping (GRIN) 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 Grindrod Shipping (GRIN) stock. Volume based technical analysis of Grindrod Shipping (GRIN) stock is negative.
Grindrod Shipping Stock has given negative 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.