Grindrod Shipping Holdings (GRIN, $14.2) RSI Indicator left the overbought zone on August 15, 2024

#MarineShipping, #TechnicalAnalysis, #RSI, #Bearish, #Stocks, #MicroCap
GRIN - Grindrod Shipping Holdings Ltd
RSI signal
Bearish Trend
70%
Odds of DOWN Trend
Price: $14.2
Daily change: -$0.02 (-0.14%)
Daily volume: 24.9K
Capitalization: $279.5M
Industry: Marine Shipping

This is a signal that GRIN's price could be shifting from an uptrend to a downtrend. Traders may consider selling the stock or exploring put options. A.I.dvisor looked back and found 40 similar cases where GRIN's RSI Indicator left the overbought zone, and in 28 of them led to a successful outcome. Odds of Success: 70%.