Technical Analysis for GRNT - Granite Ridge Resources, Inc.

Grade Last Price % Change Price Change
C 6.58 2.17% 0.14
GRNT closed up 2.17 percent on Wednesday, July 3, 2024, on 42 percent of normal volume. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or a pulls back.
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Watchlist Portfolio

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Up Up

Date Alert Name Type % Chg
MACD Bullish Centerline Cross Bullish 0.00%
Cup with Handle Other 0.00%
Above Upper BB Strength 0.00%
Overbought Stochastic Strength 0.00%
Up 3 Days in a Row Strength 0.00%
Up 4 Days in a Row Strength 0.00%
Up 5 Days in a Row Strength 0.00%
Upper Bollinger Band Touch Strength 0.00%
Gapped Down Weakness 0.00%
Expansion Pivot Buy Setup Bullish Swing Setup 2.17%

   Recent Intraday Alerts

Alert Time
Up 2% about 9 hours ago
Upper Bollinger Band Resistance about 10 hours ago
60 Minute Opening Range Breakout about 10 hours ago
Rose Above Upper Bollinger Band about 11 hours ago
Expansion Pivot Buy Entry about 11 hours ago

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Profile

Granite Ridge is a scaled, non-operated oil & gas exploration and production company. We invest in a diversified portfolio of production and top-tier acreage across the Permian and four other prolific U.S. basins in partnership with proven operators. We create value by generating sustainable full-cycle risk adjusted returns for investors, offering a rewarding experience for our team, and delivering reliable energy solutions to all – safely and responsibly.
Classification

Sector: Energy
Industry: Oil & Gas E&P
Keywords: Gas Exploration Energy Solutions

Is GRNT a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 7.6561
52 Week Low 5.0235
Average Volume 541,540
200-Day Moving Average 5.97
50-Day Moving Average 6.33
20-Day Moving Average 6.19
10-Day Moving Average 6.22
Average True Range 0.16
RSI (14) 63.50
ADX 16.53
+DI 29.99
-DI 18.83
Chandelier Exit (Long, 3 ATRs) 6.17
Chandelier Exit (Short, 3 ATRs) 6.29
Upper Bollinger Bands 6.57
Lower Bollinger Band 5.81
Percent B (%b) 1.01
BandWidth 12.33
MACD Line 0.01
MACD Signal Line -0.05
MACD Histogram 0.0608
Fundamentals Value
Market Cap 875.16 Million
Num Shares 133 Million
EPS 0.89
Price-to-Earnings (P/E) Ratio 7.39
Price-to-Sales 1.93
Price-to-Book 1.13
Dividend 0.33
Dividend Yield 5.02%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 6.87
Resistance 3 (R3) 6.83 6.71 6.82
Resistance 2 (R2) 6.71 6.63 6.72 6.80
Resistance 1 (R1) 6.64 6.59 6.68 6.68 6.79
Pivot Point 6.52 6.52 6.53 6.53 6.52
Support 1 (S1) 6.45 6.44 6.49 6.49 6.37
Support 2 (S2) 6.33 6.40 6.34 6.36
Support 3 (S3) 6.26 6.33 6.34
Support 4 (S4) 6.30