(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 2024-05-22 View latest technical analysis
10 day averaged volume of Grindrod Shipping is 12581
| Date | Daily Closing Price | Open | High | Low | Volume |
| 22 Wed May 2024 | 13.70 | 13.67 | 13.75 | 13.50 | 1.105 times |
| 21 Tue May 2024 | 13.75 | 13.65 | 13.75 | 13.64 | 0.699 times |
| 20 Mon May 2024 | 13.75 | 13.65 | 13.80 | 13.64 | 0.829 times |
| 17 Fri May 2024 | 13.75 | 13.63 | 13.75 | 13.62 | 1.661 times |
| 16 Thu May 2024 | 13.73 | 13.64 | 13.79 | 13.52 | 1.157 times |
| 15 Wed May 2024 | 13.62 | 13.35 | 13.73 | 13.35 | 1.711 times |
| 14 Tue May 2024 | 13.57 | 13.63 | 13.67 | 13.51 | 0.684 times |
| 13 Mon May 2024 | 13.76 | 13.73 | 13.76 | 13.55 | 0.835 times |
| 10 Fri May 2024 | 13.79 | 13.84 | 13.89 | 13.78 | 0.461 times |
| 09 Thu May 2024 | 13.84 | 13.67 | 13.85 | 13.67 | 0.588 times |
My analysis of stock is bearish for shortterm, and stock might move down till 13.6 or till 13.5. Use a stoploss of 13.71 and if the stock hits stoploss, then it can shoot up till 13.81
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 | 13.80 |
| 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 | 13.53 |
| Downside Intraday Target | 13.37 |
| Upside Intraday Target | 13.83 |
| Upside Intraday Target | 13.97 |
| Downside Intraday Target | 13.67 |
Weekly technical analysis of Grindrod Shipping (GRIN)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 22 Wed May 2024 | 13.70 | 13.65 | 13.80 | 13.50 | 0.436 times |
| 17 Fri May 2024 | 13.75 | 13.73 | 13.79 | 13.35 | 0.564 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 |
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 |
| 22 Wed May 2024 | 13.70 | 13.55 | 14.00 | 13.20 | 0.365 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 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 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 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 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 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 gaining momentum.
MACD generated a SELL signal for Grindrod Shipping in short term but the sell signal is initial and weak.
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 and SELL signal is strong!
RSI is generating a BUY signal in short term and the buying is gaining 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 13.71 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 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 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 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 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 gaining momentum.
MACD generated a SELL signal for Grindrod Shipping in short term but the sell signal is initial and weak.
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 and SELL signal is strong!
RSI is generating a BUY signal in short term and the buying is gaining 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 13.71 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.