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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 38990

Date Daily Closing Price Open High Low Volume
16 Fri Apr 2021 7.22 7.20 7.25 7.10 0.503 times
15 Thu Apr 2021 7.10 7.18 7.18 6.99 0.469 times
14 Wed Apr 2021 7.07 6.92 7.10 6.75 0.769 times
13 Tue Apr 2021 6.80 6.83 7.05 6.71 1.059 times
12 Mon Apr 2021 6.92 6.81 6.92 6.77 0.064 times
09 Fri Apr 2021 6.90 6.86 7.04 6.80 0.369 times
08 Thu Apr 2021 6.85 7.01 7.14 6.78 0.828 times
07 Wed Apr 2021 6.80 7.23 7.29 6.72 2.921 times
06 Tue Apr 2021 7.38 7.12 7.46 7.12 1.844 times
05 Mon Apr 2021 7.05 7.00 7.10 6.87 0.256 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 7.3 as stoploss in an intra day sell trade for a target of 7.05. However, stock will show a bullish move above 7.3.

Share price targets for Grindrod Shipping (GRIN)

Target Type Value
Downside Target 3.26
Downside Target 4.02
Downside Target 4.77
Downside Target 4.87
Downside Target 5.69
Downside Target 6.39
Downside Target 6.63
Downside Target 6.88
Upside Target 7.25
Upside Target 7.46
Upside Target 7.50
Upside Target 7.58
Upside Target 7.80

Intraday share price targets for Grindrod Shipping (GRIN)

Target Type Value
Downside Intraday Target 6.87
Downside Intraday Target 6.52
Upside Intraday Target 7.41
Upside Intraday Target 7.6
Downside Intraday Target 7.06

Weekly technical analysis of Grindrod Shipping (GRIN)

Date Weekly Closing Price Open High Low Volume
16 Fri Apr 2021 7.22 6.81 7.25 6.71 0.461 times
09 Fri Apr 2021 6.90 7.00 7.46 6.72 1.271 times
01 Thu Apr 2021 6.94 7.32 7.50 6.63 1.902 times
26 Fri Mar 2021 7.18 7.37 7.58 6.65 0.594 times
19 Fri Mar 2021 7.39 7.20 7.80 7.00 1.168 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
16 Fri Apr 2021 7.22 7.07 7.46 6.71 0.506 times
31 Wed Mar 2021 7.27 6.55 7.80 5.69 0.822 times
26 Fri Feb 2021 6.12 5.00 6.88 4.77 1.484 times
29 Fri Jan 2021 5.06 4.08 6.39 4.02 0.924 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)

Indicator Name Indicator Value Indicator Signal
ADX 26, 13, 33 Buy
MACD 0, 0Sell
Stochastics 55None
CCI 105Buy
RSI 41Sell
OBV 136300Sell
VWAP 7Buy
ADL 0Sell
ROC 4Buy
Force Index 0Sell

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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Grindrod Shipping ( (GRIN) ) based on a short to mid 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 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 SELL signal for Grindrod Shipping in short term but the sell signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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. Bulls are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red 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 SELL signal in short term and selling is picking up 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 7 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.

Daily charts

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart
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