Granite Ridge Resources Stock Momentum Indicators Minus Directional Movement

GRNT Stock  USD 5.80  0.13  2.19%   
Granite Ridge momentum indicators tool provides the execution environment for running the Minus Directional Movement indicator and other technical functions against Granite Ridge. Granite Ridge value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of momentum indicators indicators. As with most other technical indicators, the Minus Directional Movement indicator function is designed to identify and follow existing trends. Momentum indicators of Granite Ridge are pattern recognition functions that provide distinct formation on Granite Ridge potential trading signals or future price movement. Analysts can use these trading signals to identify current and future trends and trend reversals to provide buy and sell recommendations. Please specify Time Period to run this model.

Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Minus Directional Movement indicator shows the difference between two consecutive lows of Granite Ridge Resources price series.

Granite Ridge Technical Analysis Modules

Most technical analysis of Granite Ridge help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Granite from various momentum indicators to cycle indicators. When you analyze Granite charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Granite Ridge Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Granite Ridge Resources. We use our internally-developed statistical techniques to arrive at the intrinsic value of Granite Ridge Resources based on widely used predictive technical indicators. In general, we focus on analyzing Granite Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Granite Ridge's daily price indicators and compare them against related drivers, such as momentum indicators and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Granite Ridge's intrinsic value. In addition to deriving basic predictive indicators for Granite Ridge, we also check how macroeconomic factors affect Granite Ridge price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
 2021 2022 2023 2024 (projected)
Dividend Yield0.01690.0088840.07310.0768
Price To Sales Ratio4.772.552.031.93
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Granite Ridge's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
4.155.937.71
Details
Intrinsic
Valuation
LowRealHigh
5.507.289.06
Details
5 Analysts
Consensus
LowTargetHigh
7.748.509.44
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.100.140.17
Details

Align your values with your investing style

In addition to having Granite Ridge in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment.
Macroaxis Index Idea
Macroaxis Index
Invested over 500 shares
Warren Buffett Holdings Idea
Warren Buffett Holdings
Invested over 500 shares
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Invested over 100 shares

Additional Tools for Granite Stock Analysis

When running Granite Ridge's price analysis, check to measure Granite Ridge's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Granite Ridge is operating at the current time. Most of Granite Ridge's value examination focuses on studying past and present price action to predict the probability of Granite Ridge's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Granite Ridge's price. Additionally, you may evaluate how the addition of Granite Ridge to your portfolios can decrease your overall portfolio volatility.