Logo image of GRP.U

GRANITE REAL ESTATE INVESTME (GRP.U) Stock Technical Analysis

NYSE:GRP.U - New York Stock Exchange, Inc. - CA3874372053 - REIT - Currency: USD

48.94  +1.2 (+2.51%)

Technical Rating and Analysis

0

Overall GRP.U gets a technical rating of 0 out of 10. GRP.U scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
82% of all other stocks performed better in the past year than GRP.U.
GRP.U is part of the Diversified REITs industry. There are 129 other stocks in this industry, of which 75% are performing better than GRP.U.
GRP.U is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
Warning: GRP.U has an average volume of 10180 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
In the last month GRP.U has a been trading in the 46.75 - 49.59 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.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
GRANITE REAL ESTATE INVESTME / GRP.U Weekly stock chart
GRANITE REAL ESTATE INVESTME / GRP.U Daily stock chart
Setup Rating and Analysis

6

GRP.U 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

46.05

60.22

We found 2 important support areas.

  • A support zone ranging from 48.21 to 48.50. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A support zone ranging from 46.52 to 46.74. This zone is formed by a combination of multiple trend lines in multiple time frames.

3 important resistance areas can be observed.

  • A resistance zone ranging from 49.01 to 49.07. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A resistance zone ranging from 54.45 to 54.72. This zone is formed by a combination of multiple trend lines in the daily time frame.
  • Resistance @59.62 from a trend 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
CRS18.18
Mansfield-1.77
10 Day High49.48
10 Day Low47.07
20 Day High49.59
20 Day Low46.75
52 Week High65.63
52 Week Low46.75
Performance
1 Week-2.36%
2 Weeks0.37%
1 Month-1.37%
3 Month-10.94%
6 Month-9.2%
12 Month-12.76%
2 Year-21.1%
3 Year-37.33%
5 Year-11.62%
10 Year36.15%
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)0.18
RSI(14)41.96
LBB46.72
UBB49.34
GRANITE REAL ESTATE INVESTME / GRP.U Daily stock chart

GRANITE REAL ESTATE INVESTME

NYSE:GRP.U (1/30/2025, 1:05:23 PM)

48.94

+1.2 (+2.51%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryDiversified REITs
Performance
% Chg2.51%
1 Week-2.36%
2 Weeks0.37%
1 Month-1.37%
3 Month-10.94%
6 Month-9.2%
12 Month-12.76%
2 Year-21.1%
3 Year-37.33%
5 Year-11.62%
10 Year36.15%
15 YearN/A
Volatility
ATR(14)0.9
ATR(20)%1.76%
ATR Inc-17.71%
Range Today1.29
ADR(20)0.72
ADR(20)%1.46%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS18.18
Mansfield-1.77
10 Day High49.48
10 Day Low47.07
20 Day High49.59
20 Day Low46.75
52 Week High65.63
52 Week Low46.75
CS1 End46.74
CR1 Start48.21
Volume & EV
DER(3)-2.56%
DER(5)-1.47%
Volume438
Volume Incr46.96%
Vol(5)14.16K
Vol(50)10.18K