(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 2024-03-27 View latest technical analysis
10 day averaged volume of Grindrod Shipping is 22030
Date | Daily Closing Price | Open | High | Low | Volume |
27 Wed Mar 2024 | 10.50 | 10.38 | 10.50 | 10.20 | 0.649 times |
26 Tue Mar 2024 | 10.26 | 10.54 | 10.67 | 10.13 | 0.204 times |
25 Mon Mar 2024 | 10.66 | 10.60 | 10.82 | 10.36 | 0.472 times |
22 Fri Mar 2024 | 10.50 | 10.53 | 10.60 | 10.36 | 0.44 times |
21 Thu Mar 2024 | 10.40 | 10.60 | 10.68 | 10.02 | 0.971 times |
20 Wed Mar 2024 | 10.66 | 10.96 | 10.96 | 10.07 | 0.567 times |
19 Tue Mar 2024 | 10.92 | 10.50 | 10.92 | 10.12 | 1.071 times |
18 Mon Mar 2024 | 10.53 | 10.19 | 10.60 | 10.00 | 1.698 times |
15 Fri Mar 2024 | 9.94 | 9.82 | 10.00 | 9.67 | 3.005 times |
14 Thu Mar 2024 | 9.73 | 9.16 | 9.75 | 9.00 | 1.33 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 10.4, but if it comes below 10.4, then a intra day sell could be more profitable.
If you take a sell trade below 10.4, then use 10.4 as stoploss and 9.69 as target. However if you take a buy trade in stock , then use 10.4 as stoploss and 11.4 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 |
Downside Target | 9.09 |
Downside Target | 9.39 |
Downside Target | 9.70 |
Downside Target | 10.00 |
Downside Target | 10.13 |
Downside Target | 10.44 |
Upside Target | 10.54 |
Upside Target | 10.82 |
Upside Target | 10.96 |
Intraday share price targets for Grindrod Shipping (GRIN)
Target Type | Value |
Downside Intraday Target | 10.15 |
Downside Intraday Target | 9.79 |
Upside Intraday Target | 10.84 |
Upside Intraday Target | 11.17 |
Downside Intraday Target | 10.48 |
Weekly technical analysis of Grindrod Shipping (GRIN)
Date | Weekly Closing Price | Open | High | Low | Volume |
27 Wed Mar 2024 | 10.50 | 10.60 | 10.82 | 10.13 | 0.279 times |
22 Fri Mar 2024 | 10.50 | 10.19 | 10.96 | 10.00 | 0.794 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 |
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 |
27 Wed Mar 2024 | 10.50 | 8.72 | 10.96 | 8.50 | 1.631 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, 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Grindrod Shipping ( (GRIN) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 gaining 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 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 and the buying is gaining 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 10.29 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Grindrod Shipping ( (GRIN) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 gaining 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 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 and the buying is gaining 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 10.29 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.