GR Engineering Services

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Open/close reversal confirmed for GR Engineering Services signalling the buyers were in control all day.

[BULLISH STRONG]: GR Engineering Services opened in the lower part of daily range at 0% & closed in the upper part of the trading range at 100%. This suggests the buyers were in control all day. Over the last 12 months there has been 3 trading days with the opening price in the lower shadow & the closing the price in the upper shadow giving a confirmation ratio of 1.1%. Over the last month there has been 3 trading days with the opening price in the lower price range & the closing the price in the upper price range giving a confirmation ratio of 25%.

GR Engineering Services: Buyers are now becoming increasingly eager.

GR Engineering Services: Buyers are now becoming increasingly eager.

[BULLISH]: GR Engineering Services buyers are increasingly eager. This is the first day buyers have increased eagerness for GNG adding strength to an uptrend in the first timeframe. The biggest price range this month has been $0.0950. & the greatest daily price range this year has been $0.3850. The price range ratio this week versus the quarterly price range is 0.6x & the price range ratio this month versus the year to date price range is 0.2x.

GNG Basic Candle: White Marubozu

[BULLISH]: GR Engineering Services has formed a White Marubozu candlestick. This means, GNG has received strong buying confidence and upward price movement over the trading day with no upper or lower shadows present. Given the limited timeframe in which signal has formed, further confirmation is required through volume and additional technical indicators.

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