GRINDR INC (GRND) Stock Technical Analysis
NYSE:GRND - New York Stock Exchange, Inc. - US39854F1012 - Common Stock - Currency: USD
Taking everything into account, GRND scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, GRND has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
Looking at the yearly performance, GRND did better than 96% of all other stocks. On top of that, GRND also shows a nice and consistent pattern of rising prices.
GRND is one of the better performing stocks in the Interactive Media & Services industry, it outperforms 94% of 71 stocks in the same industry.
GRND is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so GRND is leading the market.
In the last month GRND has a been trading in the 17.25 - 19.20 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.
GRND has an average volume of 1182570 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Volume is considerably higher in the last couple of days.
Besides having an excellent technical rating, GRND also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 18.16, 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.
More info and screens
12.17
19.22
When analyzing the support we can see 6 important areas.
- A support zone ranging from 18.08 to 18.16. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @16.74 from a horizontal line in the weekly time frame.
- Support @16.42 from a horizontal line in the daily time frame.
- Support @14.92 from a trend line in the daily time frame.
- Support @14.46 from a trend line in the weekly time frame.
- Support @12.29 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 18.27 to 18.32. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @19.03 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS96.8
Mansfield3.37
10 Day High19.2
10 Day Low17.25
20 Day High19.2
20 Day Low17.25
52 Week High19.2
52 Week Low7.93
Performance
1 Week0.83%
2 Weeks1.33%
1 Month1.33%
3 Month20.87%
6 Month51.62%
12 Month125.46%
2 Year182.79%
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)-0.05
RSI(14)53.45
LBB17.62
UBB18.86
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 18.33 | 18.07 | 0.26 (1.42%) | 25.00% |
| An entry @18.33. This is a Buy Stop order right above the resistance zone. | An exit @18.07. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.26 points, which is 1.42%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.35%. |
- The distance between exit and entry is rather small compared to the average daily movement of GRND. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
18.24
+0.31 (+1.73%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryInteractive Media & Services
Performance
% Chg1.73%
1 Week0.83%
2 Weeks1.33%
1 Month1.33%
3 Month20.87%
6 Month51.62%
12 Month125.46%
2 Year182.79%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.63
ATR(20)%3%
ATR Inc195.55%
Range Today0.85
ADR(20)0.54
ADR(20)%2.98%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS96.8
Mansfield3.37
10 Day High19.2
10 Day Low17.25
20 Day High19.2
20 Day Low17.25
52 Week High19.2
52 Week Low7.93
CS1 End18.16
CR1 Start18.27
Volume & EV
DER(3)-4.5%
DER(5)-3.46%
Volume1.26M
Volume Incr41.28%
Vol(5)1.88M
Vol(50)1.18M