GRIID INFRASTRUCTURE INC (GRDI)

US0070241023 - Common Stock

0.9601  +0.01 (+0.53%)

Technical Rating and Analysis

3

We assign a technical rating of 3 out of 10 to GRDI. GRDI'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.

100% of all other stocks performed better in the past year than GRDI.
GRDI is one of the lesser performing stocks in the Software industry. 93% of 279 stocks in the same industry do better.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
In the last month GRDI has a been trading in the 0.70 - 1.18 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
GRDI Weekly chart
GRDI Daily chart
Setup Rating and Analysis

8

Although the technical rating is bad, GRDI does present a nice setup opportunity. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 0.78, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.

  • A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
Support and Resistance Analysis

0.76

1.09

When analyzing the support we notice one important area.

  • A support zone ranging from 0.77 to 0.78. This zone is formed by a combination of multiple trend lines in multiple time frames.

We can see 2 important resistance areas.

  • Resistance @1.04 from a trend line in the daily time frame.
  • A resistance zone ranging from 1.07 to 1.08. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High1.18
10 Day Low0.84
20 Day High1.18
20 Day Low0.7
52 Week HighN/A
52 Week LowN/A
Performance
1 Week5.62%
2 Weeks7.88%
1 Month31.86%
3 Month-8.12%
6 Month26.76%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.01
RSI(14)54.59
LBB0.76
UBB1.1
GRDI Daily chart

GRIID INFRASTRUCTURE INC

NASDAQ:GRDI (10/30/2024, 8:09:51 PM)

0.9601

+0.01 (+0.53%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg0.53%
1 Week5.62%
2 Weeks7.88%
1 Month31.86%
3 Month-8.12%
6 Month26.76%
12 MonthN/A
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.12
ATR(20)%10.62%
ATR Inc
Range Today0.13
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High1.18
10 Day Low0.84
20 Day High1.18
20 Day Low0.7
52 Week HighN/A
52 Week LowN/A
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume106.60K
Volume Incr62.47%
Vol(5)104.86K
Vol(50)51.46K