(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 2024-05-16 View latest technical analysis
10 day averaged volume of Grindrod Shipping is 22072
| Date | Daily Closing Price | Open | High | Low | Volume |
| 16 Thu May 2024 | 13.73 | 13.64 | 13.79 | 13.52 | 0.66 times |
| 15 Wed May 2024 | 13.62 | 13.35 | 13.73 | 13.35 | 0.975 times |
| 14 Tue May 2024 | 13.57 | 13.63 | 13.67 | 13.51 | 0.39 times |
| 13 Mon May 2024 | 13.76 | 13.73 | 13.76 | 13.55 | 0.476 times |
| 10 Fri May 2024 | 13.79 | 13.84 | 13.89 | 13.78 | 0.263 times |
| 09 Thu May 2024 | 13.84 | 13.67 | 13.85 | 13.67 | 0.335 times |
| 08 Wed May 2024 | 13.78 | 13.70 | 13.85 | 13.57 | 0.784 times |
| 07 Tue May 2024 | 13.70 | 13.65 | 13.73 | 13.20 | 3.498 times |
| 06 Mon May 2024 | 13.70 | 14.00 | 14.00 | 13.55 | 1.237 times |
| 03 Fri May 2024 | 13.96 | 13.77 | 13.99 | 13.63 | 1.278 times |
My analysis of stock is bullish for shortterm, and stock might move up till 13.8 or till 13.9. Use a stoploss of 13.7 and if this stock hits its stoploss, then it can fall down till 13.59
Share price targets for Grindrod Shipping (GRIN)
| Target Type | Value |
| Downside Target | 8.50 |
| Downside Target | 8.80 |
| Downside Target | 9.50 |
| Downside Target | 9.70 |
| Downside Target | 10.05 |
| Downside Target | 10.96 |
| Downside Target | 13.20 |
| Upside Target | 13.79 |
| Upside Target | 13.97 |
| Upside Target | 13.99 |
| Upside Target | 14.00 |
| Upside Target | 14.19 |
Intraday share price targets for Grindrod Shipping (GRIN)
| Target Type | Value |
| Downside Intraday Target | 13.46 |
| Downside Intraday Target | 13.18 |
| Upside Intraday Target | 13.9 |
| Upside Intraday Target | 14.06 |
| Downside Intraday Target | 13.62 |
Weekly technical analysis of Grindrod Shipping (GRIN)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 16 Thu May 2024 | 13.73 | 13.73 | 13.79 | 13.35 | 0.409 times |
| 10 Fri May 2024 | 13.79 | 14.00 | 14.00 | 13.20 | 1.8 times |
| 03 Fri May 2024 | 13.96 | 13.55 | 13.99 | 13.50 | 0.867 times |
| 26 Fri Apr 2024 | 13.54 | 13.57 | 14.19 | 13.42 | 0.868 times |
| 19 Fri Apr 2024 | 13.57 | 13.61 | 13.97 | 13.43 | 0.442 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 |
| 16 Thu May 2024 | 13.73 | 13.55 | 14.00 | 13.20 | 0.297 times |
| 30 Tue Apr 2024 | 13.72 | 10.65 | 14.19 | 10.05 | 2.299 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 |
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 neutral. A longer time frame might give a better analysis.
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 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 SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Grindrod Shipping in short term but the sell signal is initial and weak.
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 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 but BUY 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
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 13.74 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 neutral. A longer time frame might give a better analysis.
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 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 SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Grindrod Shipping in short term but the sell signal is initial and weak.
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 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 but BUY 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
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 13.74 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.