Free Daily Analysis

Stock Trend Analysis Report

Prepared for you on Saturday, May 25, 2024.

Granite Ridge Resources, Inc. (NYSE:GRNT)

Weak Uptrend (+65) - GRNT is showing signs of weakening momentum to the upside. Monitor GRNT as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid GRNT?

MarketClub looks at technical strength and momentum to determine if the timing is right for GRNT.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

Open High Low GRNT Price Change
6.570 6.640 6.540 6.565 +0.025
Entry Signal

MarketClub’s Trade Triangles for GRNT

long term up The long-term trend has been UP since Mar 20th, 2024 at 6.41

intermediate term down The intermediate-term trend has been DOWN since Apr 24th, 2024 at 6.42

short term up The short-term trend has been UP since May 15th, 2024 at 6.67

Smart Scan Analysis for GRNT

Based on our trend formula, GRNT is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Smart Scan Analysis for GRNT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
6.570 6.640 6.540 6.565 +0.025
Prev. Close Volume Bid Ask Time
6.570 266995 2024-05-24 15:59:58
52wk High8.13952wk High Date2023-08-28
52wk Low5.252wk Low Date2024-01-19
Average Volume413,568Shares Outstanding130,744
P/E Ratio14.5333
Get a free daily analysis and signals for Granite Ridge Resources, Inc. (GRNT) - Request Your Free Report.