(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 2024-08-05 View latest technical analysis
10 day averaged volume of Grindrod Shipping is 10902
| Date | Daily Closing Price | Open | High | Low | Volume |
| 05 Mon Aug 2024 | 14.14 | 14.11 | 14.17 | 14.09 | 3.935 times |
| 02 Fri Aug 2024 | 14.14 | 14.15 | 14.16 | 14.14 | 0.706 times |
| 01 Thu Aug 2024 | 14.15 | 14.14 | 14.15 | 14.14 | 1.192 times |
| 31 Wed Jul 2024 | 14.15 | 14.14 | 14.15 | 14.14 | 0.489 times |
| 30 Tue Jul 2024 | 14.15 | 14.16 | 14.16 | 14.15 | 0.532 times |
| 29 Mon Jul 2024 | 14.15 | 14.14 | 14.19 | 14.13 | 2.018 times |
| 26 Fri Jul 2024 | 14.15 | 14.13 | 14.15 | 14.12 | 1.082 times |
| 25 Thu Jul 2024 | 14.13 | 14.10 | 14.13 | 14.10 | 0.615 times |
| 24 Wed Jul 2024 | 14.12 | 14.12 | 14.14 | 14.12 | 0.367 times |
| 23 Tue Jul 2024 | 14.12 | 14.11 | 14.14 | 14.09 | 1.541 times |
Stock of Grindrod Shipping (GRIN) has showed a significant fall. This could be a good time to exit from this stock.
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 14.2 as stoploss in an intra day sell trade for a target of 14.06. However, stock will show a bullish move above 14.2.
Share price targets for Grindrod Shipping (GRIN)
| Target Type | Value |
| Downside Target | 10.05 |
| Downside Target | 13.20 |
| Downside Target | 13.75 |
| Downside Target | 14.13 |
| Downside Target | 14.14 |
| Upside Target | 14.15 |
| Upside Target | 14.17 |
| Upside Target | 14.19 |
Intraday share price targets for Grindrod Shipping (GRIN)
| Target Type | Value |
| Downside Intraday Target | 14.1 |
| Downside Intraday Target | 14.05 |
| Upside Intraday Target | 14.18 |
| Upside Intraday Target | 14.21 |
| Downside Intraday Target | 14.13 |
Weekly technical analysis of Grindrod Shipping (GRIN)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 05 Mon Aug 2024 | 14.14 | 14.11 | 14.17 | 14.09 | 0.797 times |
| 02 Fri Aug 2024 | 14.14 | 14.14 | 14.19 | 14.13 | 0.976 times |
| 26 Fri Jul 2024 | 14.15 | 14.10 | 14.15 | 14.07 | 0.195 times |
| 19 Fri Jul 2024 | 14.13 | 13.85 | 14.14 | 13.78 | 12.003 times |
| 12 Fri Jul 2024 | 13.94 | 13.78 | 13.95 | 13.78 | 0.792 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 |
| 05 Mon Aug 2024 | 14.14 | 14.14 | 14.17 | 14.09 | 0.131 times |
| 31 Wed Jul 2024 | 14.15 | 13.82 | 14.19 | 13.75 | 1.438 times |
| 28 Fri Jun 2024 | 13.80 | 13.69 | 14.00 | 13.33 | 0.989 times |
| 31 Fri May 2024 | 13.63 | 13.55 | 14.00 | 13.20 | 0.424 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 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 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 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 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 but buying is losing 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 14.14 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 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 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 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 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 but buying is losing 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 14.14 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 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.