Grindrod Shipping Holdings (GRIN, $14.15) Moving Average Convergence Divergence (MACD) Histogram turned negative on August 1, 2024

#MarineShipping, #TechnicalAnalysis, #MACD, #Bearish, #Stocks, #MicroCap
GRIN - Grindrod Shipping Holdings Ltd
MACD signal
Bearish Trend
77%
Odds of DOWN Trend
Price: $14.15
Daily change: -$0.01 (-0.04%)
Daily volume: 13K
Capitalization: $278.5M
Industry: Marine Shipping

This is a Bearish indicator signaling GRIN's price could decline from here. Traders may explore shorting the stock or put options. A.I. dvisor identified 47 similar cases where GRIN's MACD histogram became negative, and 36 of them led to successful outcomes. Odds of Success: 77%.