(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 2024-06-27 View latest technical analysis
10 day averaged volume of Grindrod Shipping is 24270
| Date | Daily Closing Price | Open | High | Low | Volume |
| 27 Thu Jun 2024 | 13.84 | 13.83 | 13.87 | 13.80 | 0.346 times |
| 26 Wed Jun 2024 | 13.83 | 13.77 | 13.83 | 13.72 | 0.466 times |
| 25 Tue Jun 2024 | 13.88 | 13.75 | 13.91 | 13.75 | 0.255 times |
| 24 Mon Jun 2024 | 13.85 | 13.87 | 13.89 | 13.85 | 0.622 times |
| 21 Fri Jun 2024 | 13.85 | 13.78 | 13.93 | 13.78 | 0.466 times |
| 20 Thu Jun 2024 | 13.87 | 13.96 | 14.00 | 13.84 | 2.67 times |
| 18 Tue Jun 2024 | 13.55 | 13.50 | 13.60 | 13.42 | 1.974 times |
| 18 Tue Jun 2024 | 13.55 | 13.50 | 13.60 | 13.42 | 1.974 times |
| 17 Mon Jun 2024 | 13.55 | 13.59 | 13.60 | 13.53 | 0.433 times |
| 14 Fri Jun 2024 | 13.70 | 13.70 | 13.73 | 13.66 | 0.985 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 13.8, but if it comes below 13.8, then a intra day sell could be more profitable.
If you take a sell trade below 13.8, then use 13.8 as stoploss and 13.71 as target. However if you take a buy trade in stock , then use 13.8 as stoploss and 13.9 as target.
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 | 13.91 |
| Upside Target | 14.00 |
| Upside Target | 14.19 |
Intraday share price targets for Grindrod Shipping (GRIN)
| Target Type | Value |
| Downside Intraday Target | 13.74 |
| Downside Intraday Target | 13.63 |
| Upside Intraday Target | 13.93 |
| Upside Intraday Target | 14.01 |
| Downside Intraday Target | 13.82 |
Weekly technical analysis of Grindrod Shipping (GRIN)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 27 Thu Jun 2024 | 13.84 | 13.87 | 13.91 | 13.72 | 0.331 times |
| 21 Fri Jun 2024 | 13.85 | 13.50 | 14.00 | 13.42 | 2.123 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 |
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 Thu Jun 2024 | 13.84 | 13.69 | 14.00 | 13.33 | 0.935 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 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 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 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 neutral. A longer time frame might give a better analysis.
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 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 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 13.71 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 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 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 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 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 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 neutral. A longer time frame might give a better analysis.
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 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 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 13.71 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 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 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.