Technical Analysis for GRID - Gresham House Energy Storage Fund Plc

Grade Last Price % Change Price Change
C 162.50 0.62% 1.00
GRID closed up 0.31 percent on Thursday, March 23, 2023, on approximately normal volume. It ran into resistance at its 50 day moving average. Its advance stalled at its 200 day moving average, an important long-term support / resistance line.
Earnings due: Apr 3
*** please verify all earnings dates ***

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Flat Flat Up

Date Alert Name Type % Chg
20 DMA Resistance Bearish 0.62%
200 DMA Resistance Bearish 0.62%
50 DMA Resistance Bearish 0.62%
Cup with Handle Other 0.62%
Cup with Handle Other 0.93%
NR7 Range Contraction 0.93%
Multiple of Ten Bullish Other 0.93%
Inside Day Range Contraction 0.93%
Fell Below 20 DMA Bearish 1.09%
Fell Below 200 DMA Bearish 1.09%

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Alert Time
Fell Below 10 DMA about 3 hours ago
50 DMA Resistance about 3 hours ago
20 DMA Resistance about 3 hours ago
10 DMA Support about 5 hours ago
200 DMA Resistance about 5 hours ago

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Profile

Gresham House Energy Storage Fund Plc Description

Gresham House Energy Storage Fund Plc is a United Kingdom-based closed-ended investment company. The Company’s investment objective is to provide investors with a dividend over the long term by investing in a diversified portfolio of utility-scale operational energy storage systems (ESS), which utilize batteries and also utilize engines, located in Great Britain. It also seeks to invest in projects with alternative battery technologies, such as sodium and zinc derived technologies or other forms of energy storage technology, such as flow batteries or machines and compressed air technologies. The Company also intends to invest in ESS Projects, which use gas generators or diesel or dual fuel diesel-and-gas reciprocating generators. The Company is managed by Gresham House Asset Management Limited.


Classification

Keywords: Energy Dividend Gas Asset Management Storage Renewable Energy Fuel Zinc Machines Energy Storage Engines Battery Technologies Grid Energy Storage

Is GRID a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 183.4806
52 Week Low 1.5098
Average Volume 584,480
200-Day Moving Average 163.00
50-Day Moving Average 162.17
20-Day Moving Average 162.23
10-Day Moving Average 161.20
Average True Range 3.51
RSI 48.19
ADX 16.17
+DI 12.55
-DI 12.34
Chandelier Exit (Long, 3 ATRs) 156.96
Chandelier Exit (Short, 3 ATRs) 167.52
Upper Bollinger Bands 165.87
Lower Bollinger Band 158.60
Percent B (%b) 0.4
BandWidth 4.49
MACD Line -0.34
MACD Signal Line -0.32
MACD Histogram -0.0197
Fundamentals Value
Market Cap 562.92 Million
Num Shares 349 Million
EPS 5.00
Price-to-Earnings (P/E) Ratio 32.30
Price-to-Sales 0.00
Price-to-Book 0.00
Dividend 0.07
Dividend Yield 0.04%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 167.50
Resistance 3 (R3) 167.67 165.83 166.50
Resistance 2 (R2) 165.83 164.31 165.75 166.17
Resistance 1 (R1) 163.67 163.36 164.75 163.50 165.83
Pivot Point 161.83 161.83 162.38 161.75 161.83
Support 1 (S1) 159.67 160.31 160.75 159.50 157.17
Support 2 (S2) 157.83 159.36 157.75 156.83
Support 3 (S3) 155.67 157.83 156.50
Support 4 (S4) 155.50