Granite Ridge Resources Stock Pattern Recognition Harami Pattern

GRNT Stock  USD 5.80  0.13  2.19%   
Granite Ridge pattern recognition tool provides the execution environment for running the Harami Pattern recognition 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 pattern recognition indicators. As with most other technical indicators, the Harami Pattern recognition function is designed to identify and follow existing trends. Granite Ridge momentum indicators are usually used to generate trading rules based on assumptions that Granite Ridge trends in prices tend to continue for long periods.

Recognition
The output start index for this execution was eleven with a total number of output elements of fifty. The function generated a total of seven valid pattern recognition events for the selected time horizon. The Harami pattern describes bullish reversal trend for Granite Ridge.

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 pattern recognition 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

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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.