Free Daily Analysis
Stock Trend Analysis Report
Prepared for you on Thursday, September 21, 2023.
Grindrod Shipping Holdings Ltd. - Ordinary Shares (NASDAQ:GRIN)
Bull Market Weakness (+75) - GRIN is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on GRIN as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid GRIN?
MarketClub looks at technical strength and momentum to determine if the timing is right for GRIN.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for GRIN
The long-term trend has been DOWN since Dec 1st, 2022 at 20.98
The intermediate-term trend has been UP since Sep 18th, 2023 at 8.41
The short-term trend has been UP since Sep 12th, 2023 at 7.87
Smart Scan Analysis for GRIN
Based on our trend formula, GRIN is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 8.5300 | 8.9900 | 8.3300 | 8.7728 | +0.4128 |
| Prev. Close | Volume | Bid | Ask | Time |
| 8.3600 | 21348 | 2023-09-21 15:57:25 |
| Year High | 20.5 | Year High Date | 2018-06-27 |
| Year Low | 6.401 | Year Low Date | 2018-10-30 |
| 52wk High | 26.29 | 52wk High Date | 2022-11-03 |
| 52wk Low | 6.8 | 52wk Low Date | 2023-05-30 |
| Average Volume | 26,472 | Shares Outstanding | 19,007 |
| Market Cap | 105M | Assets | 651,651,000M |
| Liabilities | 262,132,000M | P/E Ratio | 0.9466 |
| Volatility | 53.86 |