(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 2024-06-20 View latest technical analysis
10 day averaged volume of Grindrod Shipping is 17240
| Date | Daily Closing Price | Open | High | Low | Volume |
| 20 Thu Jun 2024 | 13.87 | 13.96 | 14.00 | 13.84 | 3.759 times |
| 18 Tue Jun 2024 | 13.55 | 13.50 | 13.60 | 13.42 | 2.778 times |
| 18 Tue Jun 2024 | 13.55 | 13.50 | 13.60 | 13.42 | 2.778 times |
| 17 Mon Jun 2024 | 13.55 | 13.59 | 13.60 | 13.53 | 0.609 times |
| 14 Fri Jun 2024 | 13.70 | 13.70 | 13.73 | 13.66 | 1.386 times |
| 13 Thu Jun 2024 | 13.65 | 13.72 | 13.72 | 13.51 | 0.22 times |
| 12 Wed Jun 2024 | 13.70 | 13.66 | 13.70 | 13.55 | 0.452 times |
| 11 Tue Jun 2024 | 13.63 | 13.54 | 13.74 | 13.50 | 0.186 times |
| 10 Mon Jun 2024 | 13.60 | 13.33 | 13.66 | 13.33 | 0.4 times |
| 07 Fri Jun 2024 | 13.67 | 13.63 | 13.79 | 13.55 | 0.47 times |
Stock of Grindrod Shipping (GRIN) has showed a significant upmove. This could be a good time to enter in this stock!
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 13.9, for a target of 13.8 or 13.69
Share price targets for Grindrod Shipping (GRIN)
| Target Type | Value |
| Downside Target | 8.50 |
| Downside Target | 8.80 |
| Downside Target | 9.70 |
| Downside Target | 10.05 |
| Downside Target | 10.96 |
| Downside Target | 13.20 |
| Downside Target | 13.74 |
| Upside Target | 13.89 |
| 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 | 13.18 |
| Upside Intraday Target | 14.11 |
| Upside Intraday Target | 14.34 |
| Downside Intraday Target | 13.76 |
Weekly technical analysis of Grindrod Shipping (GRIN)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 20 Thu Jun 2024 | 13.87 | 13.50 | 14.00 | 13.42 | 1.93 times |
| 18 Tue Jun 2024 | 13.55 | 13.59 | 13.60 | 13.42 | 1.281 times |
| 14 Fri Jun 2024 | 13.70 | 13.33 | 13.74 | 13.33 | 0.921 times |
| 07 Fri Jun 2024 | 13.67 | 13.69 | 13.89 | 13.55 | 1.827 times |
| 31 Fri May 2024 | 13.63 | 13.73 | 13.89 | 13.63 | 0.503 times |
Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Grindrod Shipping (GRIN)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 20 Thu Jun 2024 | 13.87 | 13.69 | 14.00 | 13.33 | 0.781 times |
| 31 Fri May 2024 | 13.63 | 13.55 | 14.00 | 13.20 | 0.424 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 |
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 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 short 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 short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on 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 BUY. Signal strength is Strong and stock is gaining 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 BUY signal in short term and the buying is gaining 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 13.67 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 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 short 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 short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on 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 BUY. Signal strength is Strong and stock is gaining 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 BUY signal in short term and the buying is gaining 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 13.67 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.