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Granite Ridge Resources, Inc

GRNT Technical Analysis Summary (NYSE)

Analyze GRNT on the NYSE with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

GRNT●NYSE
EnergyOil & Gas Exploration & Production
$5.11
$0.07(1.35%)
U.S. Market opens in NaNh NaNm

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

GRNT Technical Analysis Summary (NYSE)

Granite Ridge Resources, Inc (NYSE: GRNT) stock currently shows a bullish trend on the NYSE, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Neutral to Bullish (RSI: 58.29)
Trend Strength:Moderate (ADX: 28.40)
Volatility:Medium (ATR: 0.16)
Support/Resistance:$4.44 – $5.40 (Bollinger Bands)

Technical conditions suggest Granite Ridge Resources, Inc on the NYSE is awaiting a decisive move. Overall, Granite Ridge Resources, Inc remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 58.29

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 71.75

Bullish
Buying momentum building without extremes.

Williams %R: -33.54

Bullish
Buying pressure building steadily.

Rate of Change (ROC): 6.78

Strongly Bullish
Strong upside momentum.

Takeaway:Granite Ridge Resources, Inc shows strong bullish momentum, with buyers firmly in control.

Trend & Volatility

MACD: 0.13

Bullish
Bullish, trend momentum is strengthening.

ADX: 28.40

Moderate
Moderate trend, direction gaining strength.

ATR (14): 0.16

Low
Low volatility, stable price action.

CCI (14): 36.53

Bullish
Bullish, momentum building upward.

Takeaway:Granite Ridge Resources, Inc shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$5.40
Middle Band (SMA 20)
$4.92
Lower Band
$4.44
Current Position
Within Bands

Takeaway:Granite Ridge Resources, Inc trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$5.32
Middle Line (EMA 20)
$4.99
Lower Channel
$4.66
Squeeze Status
No Squeeze

Takeaway:Granite Ridge Resources, Inc trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume-7.17M
Money Flow Index58.97Neutral, balanced money flows with no clear signal.
Relative Vigor Index38.21Bearish, price momentum favors sellers.

Overall Takeaway:GRNT shows mixed signals in money flow analysis.

Technical Trading Signals Summary
Based on the current technical analysis of Granite Ridge Resources, Inc (NYSE: GRNT), here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

MACD above 0 → bullish trend confirmation.

ADX above 20 → strong underlying trend.

Price trading above middle Bollinger Band → mid-term support intact.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Technical indicators for Granite Ridge Resources, Inc are mixed, suggesting a Hold or wait-and-see approach.

(NYSE: GRNT) Technical Analysis FAQ