Grange Resources (GRR)

Download button icon Download

Grange Resources (GRR): Signals

No data currently available.

data-ad-format="auto">

Explore Compare Share

TECHNICAL ANALYSIS SUMMARY

Grange Resources (GRR.AX)


Indicator:

SIMPLE MOVING AVERAGE


Last Signal:

BULLISH


Trading: BUY @ $0.28
Signal Strength: STRONG
Recommendation:

Indicator can be used in isolation or in additional to another technical indicator to confirmation for trading entry. This indicator has the ability to highlight trends across numerous timeframes. This indicator has the ability to smooth historical results to illustrate trend initiation and status. Although this is a simple trend following indicator & can provide good results when coupled with the right indicator. Note, this indicator does not work well in ranging markets producing unwanted whipsaws and false signals.


Grange Resources (ASX:GRR) currently has a confirmed uptrend. This means the SMA 15 day average has exceeded the closing price confirming the short term trend following indicator. Currently, the return on SMA15 is -1.8%.



A simple moving average is formed by computing the average price of a security over a specific number of periods. Most moving averages are based on closing prices.

Calculation: Simple Moving Average:
1) SMA: n period sum / n;


PROFILE: Grange Resources (GRR.AX)


Stock Exchange: ASX
Company: Grange Resources
Ticker Codes: | GRR.AX | ASX:GRR |

About Grange Resources (ASX:GRR):

Grange Resources Limited engages in the integrated iron ore mining and pellet production business in the northwest region of Tasmania. The company is involved in the mining, processing, and sale of iron ore; and exploration, evaluation, and development of mineral resources at the Southdown Magnetite and related Pellet plant projects. It owns interests in the Savage River magnetite iron ore mine located to the southwest of the city of Burnie. The company is based in Burnie, Australia.

Top 10:

Simple Moving Average

Download button icon Download
Company Close Change (%) Volume Value Signal
LOV Lovisa 9.3 20.2 1,518,896 -1.1 BEARISH
EMH European Metals Holdings 0.4 14.3 44,010 -15.9 BEARISH
NWH NRW 2.28 9.6 3,181,761 -4.7 BEARISH
NEA Nearmap 2.57 7.5 3,461,849 -4.6 BEARISH
RSG Resolute Mining 1.15 6.5 9,128,506 -3.1 BEARISH
GOR Gold Road Resources 0.85 6.3 2,511,753 -1 BEARISH
PRU Perseus Mining 0.44 6 5,131,036 -4.2 BEARISH
CIA Champion Iron 1.59 5.7 299,939 -3.2 BEARISH
BSA Broadcast Services Australia 0.29 5.6 67,709 -5.6 BEARISH
FWD Fleetwood 1.8 5.6 420,408 -4.2 BEARISH
back to top