GRANITE RIDGE RESOURCES INC (GRNT)

US3874321074 - Common Stock

5.9  -0.01 (-0.17%)

After market: 5.9 0 (0%)

Technical Rating and Analysis

0

We assign a technical rating of 0 out of 10 to GRNT. GRNT'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.

Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
80% of all other stocks performed better in the past year than GRNT.
In the last month GRNT has a been trading in the 5.83 - 6.35 range, which is quite wide. It is currently trading near the lows of this range.
GRNT is an average performer in the Oil, Gas & Consumable Fuels industry, it outperforms 45% of 205 stocks in the same industry.
GRNT is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so GRNT is lagging the market.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
GRNT Weekly chart
GRNT Daily chart
Setup Rating and Analysis

7

GRNT 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.

Support and Resistance Analysis

5.15

6.94

When analyzing the support we can see 2 important areas.

  • Support @5.45 from a trend line in the weekly time frame.
  • A support zone ranging from 5.20 to 5.28. This zone is formed by a combination of multiple trend lines in multiple time frames.

4 important resistance areas can be observed.

  • A resistance zone ranging from 5.92 to 6.25. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 6.40 to 6.41. This zone is formed by a combination of multiple trend lines in the daily time frame.
  • A resistance zone ranging from 6.55 to 6.56. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @6.87 from a horizontal line in the weekly time frame.
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
CRS20.23
Mansfield-1.52
10 Day High6.15
10 Day Low5.83
20 Day High6.35
20 Day Low5.83
52 Week High7.1
52 Week Low5.2
Performance
1 Week-1.01%
2 Weeks0.17%
1 Month0%
3 Month-4.99%
6 Month-8.53%
12 Month-6.94%
2 Year-37.89%
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)41.57
LBB5.8
UBB6.24
GRNT Daily chart

GRANITE RIDGE RESOURCES INC

NYSE:GRNT (10/29/2024, 8:14:25 PM)

After market: 5.9 0 (0%)

5.9

-0.01 (-0.17%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-0.17%
1 Week-1.01%
2 Weeks0.17%
1 Month0%
3 Month-4.99%
6 Month-8.53%
12 Month-6.94%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.14
ATR(20)%2.32%
ATR Inc
Range Today0.1
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 High6.15
10 Day Low5.83
20 Day High6.35
20 Day Low5.83
52 Week High7.1
52 Week Low5.2
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume154.60K
Volume Incr-36.74%
Vol(5)194.92K
Vol(50)384.29K