Taking everything into account, GRAB scores 0 out of 10 in our technical rating. GRAB's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
GRAB has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 5.03, a Stop Loss order could be placed below this zone.
More info and screens
4.30
4 important support areas can be observed.
- A support zone ranging from 5.01 to 5.03. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 4.89 to 4.92. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 4.80 to 4.80. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @4.34 from a trend line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 5.16 to 5.23. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 5.42 to 5.46. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for GRAB is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for GRAB is down. |
| ChartMill Relative Strength | 26.35 | NEGATIVE | GRAB has a low relative strength, it was outperformed by 73.65% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of GRAB is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of GRAB is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of GRAB is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 40.11 | NEUTRAL | The RSI value for GRAB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests GRAB has a positive trend. |
| Stochastics (14,3) | 42.7 | NEUTRAL | The Stochastics value for GRAB is a neutral value. |
| Average True Range in percent/ATR (20) | 3.73 | MEDIUM VOLATILITY | The ATR as a percentage value for GRAB suggests some volalility. |
| Average Directional Index/ADX (14) | 19.88 | NEGATIVE | The low ADX value for GRAB suggests a weak or negative trend. |
5.15
-0.03 (-0.58%)
GRAB HOLDINGS LTD - CL A / GRAB FAQ
Can you provide the ChartMill technical rating for GRAB HOLDINGS LTD - CL A?
ChartMill assigns a technical rating of 0 / 10 to GRAB.
What is the trend direction for GRAB stock?
The current trend direction for GRAB HOLDINGS LTD - CL A (GRAB) is Bearish.
Can you provide the RSI signal for GRAB HOLDINGS LTD - CL A?
GRAB HOLDINGS LTD - CL A (GRAB) has an RSI value of 40.1127. This indicates that the stock is currently neutral.
What is the support and resistance level for GRAB stock?
GRAB HOLDINGS LTD - CL A (GRAB) has a support level at 5.03 and a resistance level at 5.16. Check the full technical report for our detailed analysis of GRAB support and resistance levels.