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Stock Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
Granite Ridge Resources, Inc. (NYSE:GRNT)
Sidelines Mode (+55) - GRNT is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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.
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MarketClub’s Trade Triangles for GRNT
The long-term trend has been DOWN since Sep 10th, 2024 at 5.805
The intermediate-term trend has been UP since Nov 6th, 2024 at 6.235
The short-term trend has been DOWN since Nov 15th, 2024 at 6.490
Smart Scan Analysis for GRNT
Based on our trend formula, GRNT is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 6.57 | 6.57 | 6.33 | 6.49 | -0.12 |
| Prev. Close | Volume | Bid | Ask | Time |
| 6.50 | 622125 | 2024-11-19 15:59:30 |
| 52wk High | 7.1 | 52wk High Date | 2024-07-17 |
| 52wk Low | 5.2 | 52wk Low Date | 2024-01-19 |
| Average Volume | 417,954 | Shares Outstanding | 130,744 |
| Assets | 103,587,500M | Liabilities | 375,295,000M |
| P/E Ratio | 18.3611 |