FIRST TRST NASD CL EDG SGIIF (GRID) Stock Technical Analysis
NASDAQ:GRID - Nasdaq - US33737A1088 - ETF - Currency: USD
Taking everything into account, GRID scores 2 out of 10 in our technical rating. GRID has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
GRID is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so GRID is lagging the market slightly.
In the last month GRID has a been trading in the 117.20 - 128.43 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
When compared to the yearly performance of all other stocks, GRID outperforms 64% of them, which is more or less in line with the market.
The technical rating of GRID is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
114.42
129.83
2 important support areas can be observed.
- A support zone ranging from 118.42 to 121.92. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @115.58 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 127.72 to 128.54. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS64.82
Mansfield-0.51
10 Day High125.5
10 Day Low119.54
20 Day High128.43
20 Day Low117.2
52 Week High129.02
52 Week Low107.3
Performance
1 Week0.04%
2 Weeks0.58%
1 Month-4.4%
3 Month-2.62%
6 Month0.31%
12 Month13.64%
2 Year29.4%
3 Year34.89%
5 Year124.54%
10 Year240.88%
15 Year320.26%
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)0.31
RSI(14)50
LBB118.34
UBB125.2
122.17
-2.48 (-1.99%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-1.99%
1 Week0.04%
2 Weeks0.58%
1 Month-4.4%
3 Month-2.62%
6 Month0.31%
12 Month13.64%
2 Year29.4%
3 Year34.89%
5 Year124.54%
10 Year240.88%
15 Year320.26%
Volatility
ATR(14)1.56
ATR(20)%1.61%
ATR Inc57.25%
Range Today3.12
ADR(20)1.4
ADR(20)%1.15%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS64.82
Mansfield-0.51
10 Day High125.5
10 Day Low119.54
20 Day High128.43
20 Day Low117.2
52 Week High129.02
52 Week Low107.3
CS1 End121.92
CR1 Start127.72
Volume & EV
DER(3)-2.77%
DER(5)-3.58%
Volume138.90K
Volume Incr-13.57%
Vol(5)172.22K
Vol(50)181.00K