(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 2024-03-20 View latest technical analysis
10 day averaged volume of Grindrod Shipping is 21970
Date | Daily Closing Price | Open | High | Low | Volume |
20 Wed Mar 2024 | 10.66 | 10.96 | 10.96 | 10.07 | 0.569 times |
19 Tue Mar 2024 | 10.92 | 10.50 | 10.92 | 10.12 | 1.074 times |
18 Mon Mar 2024 | 10.53 | 10.19 | 10.60 | 10.00 | 1.702 times |
15 Fri Mar 2024 | 9.94 | 9.82 | 10.00 | 9.67 | 3.013 times |
14 Thu Mar 2024 | 9.73 | 9.16 | 9.75 | 9.00 | 1.334 times |
13 Wed Mar 2024 | 9.14 | 9.10 | 9.32 | 9.10 | 0.241 times |
12 Tue Mar 2024 | 9.13 | 8.90 | 9.14 | 8.87 | 0.842 times |
11 Mon Mar 2024 | 8.99 | 8.60 | 9.00 | 8.60 | 0.564 times |
08 Fri Mar 2024 | 8.80 | 8.73 | 8.92 | 8.69 | 0.155 times |
07 Thu Mar 2024 | 8.97 | 8.87 | 8.97 | 8.61 | 0.31 times |
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 10.7, for a target of 10 or 9.37
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 |
Downside Target | 9.05 |
Downside Target | 9.39 |
Downside Target | 9.70 |
Downside Target | 10.00 |
Downside Target | 10.44 |
Downside Target | 10.54 |
Upside Target | 10.96 |
Intraday share price targets for Grindrod Shipping (GRIN)
Target Type | Value |
Downside Intraday Target | 10.12 |
Downside Intraday Target | 9.58 |
Upside Intraday Target | 11.08 |
Upside Intraday Target | 11.5 |
Downside Intraday Target | 10.54 |
Weekly technical analysis of Grindrod Shipping (GRIN)
Date | Weekly Closing Price | Open | High | Low | Volume |
20 Wed Mar 2024 | 10.66 | 10.19 | 10.96 | 10.00 | 0.558 times |
15 Fri Mar 2024 | 9.94 | 8.60 | 10.00 | 8.60 | 2.29 times |
08 Fri Mar 2024 | 8.80 | 8.95 | 9.09 | 8.60 | 1.095 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 |
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 |
20 Wed Mar 2024 | 10.66 | 8.72 | 10.96 | 8.50 | 1.342 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 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 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 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 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 but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 9.97 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 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 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 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 but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 9.97 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.