Country Icon

Grainger Plc (GRI.L) - Buy, Sell or Hold?

Trade DateCurrent Candlestick PatternPrevious Candlestick PatternWhenPerformance Since
Mon, 20 Nov 2017Bullish EngulfingBearish EngulfingMon, 13 Nov 20173.27%
***Stock database and scans are updated around midnight (London time) every trading day.
284.00 0.00 (0%) Nov 20 9:00pm BST
Open: 281.40 Range: 281.40 - 285.30 Vol: 531.94K Avg Vol: 706.35K
EPS: 33.90 P/E ratio: 8.27 EBITDA: 79.10M Mkt Cap: 1.17B
Analyze "GRI.L" - FREE 30 Day Trial of Market Analyst 7
Short Term: Trend is Up
Last Trade is above the 5 day moving average at 282.86
Medium Term: Trend is Up
Last Trade is above the 20 day moving average at 279.57
Last Trade is above the 50 day moving average at 270.83
Long Term: Trend is Up
Last Trade is above the 200 day moving average at 260.39
* Data normalized for Splits & Dividends. Report data issues
How to use this info: Stock Timing With Moving Averages
Daily Chart of GRI.L

Stock Trend Analysis - Buy, Sell or Hold "Grainger Plc" (GRI.L)?

GRI.L is in a very strong uptrend. In the last 52 weeks, GRI.L has been trading above the 200 day moving average for 95% of the time with an average daily volume of 706.3K shares being traded. For the medium term however, the 50 day moving average is indicating a trading range with a bearish downward bias. GRI.L's upward trend appears to be weakening but it is still not confirmed by the 200 SMA. Confidence in the buy the dips strategy seems to be waning. Barring some weakness in the 50 SMA, the 20 day moving average is however bucking the medium term trend as price has been trading above the 20 SMA for 95% of time for the last two months.Objectively, GRI.L's primary trend is still up meaning the higher probability strategy is to still buy dips. Timing and the buy-in price are very critical at this juncture in order to secure profits. Traders who are thinking of going long GRI.L shares should consider patiently waiting for price to be near the 50 or 200 SMAs, currently at 270.83 and 260.39 respectively. Click here for the latest support & resistance levels to help you finetune your entry into or exit out of "GRI.L".
Objective Technical Analysis by BannRonn TA LogicEngine ver 1.1. Last Updated - Mon, 20 Nov 2017
United Kingdom Stocks Above 200 Day Moving Average
TickerNameTrend AnalysisSupport/Resistance