GRANITE RIDGE RESOURCES INC (GRNT)
US3874321074 - Common Stock
Overall GRNT gets a technical rating of 6 out of 10. In the last year, GRNT was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
GRNT is one of the better performing stocks in the Oil, Gas & Consumable Fuels industry, it outperforms 71% of 205 stocks in the same industry.
GRNT is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so GRNT is performing more or less in line with the market.
In the last month GRNT has a been trading in the 5.47 - 6.74 range, which is quite wide. It is currently trading near the high of this range.
When comparing the yearly performance of all stocks, we notice that GRNT is one of the better performing stocks in the market, outperforming 71% of all stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
GRNT has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
5.15
6.98
We found 5 important support areas.
- Support @6.67 from a trend line in the weekly time frame.
- A support zone ranging from 6.11 to 6.29. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 5.79 to 5.95. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @5.48 from a trend line in the weekly time frame.
- Support @5.20 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 6.87 to 6.91. 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
CRS71.98
Mansfield-0.22
10 Day High6.74
10 Day Low5.47
20 Day High6.74
20 Day Low5.47
52 Week High7.1
52 Week Low5.2
Performance
1 Week11.91%
2 Weeks18.05%
1 Month7.23%
3 Month7.23%
6 Month4.38%
12 Month14.6%
2 Year-7.49%
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)0.09
RSI(14)63.04
LBB5.49
UBB6.71
GRANITE RIDGE RESOURCES INC
NYSE:GRNT (1/3/2025, 8:04:01 PM)
After market: 6.67 0 (0%)6.67
+0.02 (+0.3%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg0.3%
1 Week11.91%
2 Weeks18.05%
1 Month7.23%
3 Month7.23%
6 Month4.38%
12 Month14.6%
2 Year-7.49%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.25
ATR(20)%3.42%
ATR Inc-40.02%
Range Today0.11
ADR(20)0.22
ADR(20)%3.24%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS71.98
Mansfield-0.22
10 Day High6.74
10 Day Low5.47
20 Day High6.74
20 Day Low5.47
52 Week High7.1
52 Week Low5.2
CS1 End6.67
CR1 Start6.87
Volume & EV
DER(3)3.75%
DER(5)1.83%
Volume471.20K
Volume Incr-31.2%
Vol(5)528.02K
Vol(50)597.97K