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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.

NASDAQ_GRIN
Open High Low GRIN Price Change
8.5300 8.9900 8.3300 8.7728 +0.4128
Entry Signal

MarketClub’s Trade Triangles for GRIN

long term down The long-term trend has been DOWN since Dec 1st, 2022 at 20.98

intermediate term up The intermediate-term trend has been UP since Sep 18th, 2023 at 8.41

short term up 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).

+70
Smart Scan Analysis for GRIN
Strong Downtrend Sideways 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 High20.5Year High Date2018-06-27
Year Low6.401Year Low Date2018-10-30
52wk High26.2952wk High Date2022-11-03
52wk Low6.852wk Low Date2023-05-30
Average Volume26,472Shares Outstanding19,007
Market Cap105MAssets651,651,000M
Liabilities262,132,000MP/E Ratio0.9466
Volatility53.86
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