GRNT Stock Price Prediction
Granite Ridge Resources Inc
$
4.900
- Overview
- Forecast
- Valuation
GRNT stock price ended at $4.9 on Friday, afterlosing-12.34%
TheGranite Ridge Resources Inc stock pricedecreasedby -12.34%on the last trading day (Friday Apr 2025), dropping from 5.4 to 4.9. Throughout the last trading session, the stock experienced a fluctuation of 10.66% , ranging from a day low of $4.88 to a day high of 5.4. The price has declined in5of the last10days, resulting in a total change of-18.06%during this period. On the last day, trading volumeincreaseby30.97Kshares, with the fallingprices. This could serve as an early warning, indicating that risk may slightly increase in the coming days. In total, 917.67K shares were traded, amounting to approximately 4.62M.
GRNT Technical Signals
GRNT(Granite Ridge Resources Inc Corp) has 3 buy signals and 5 sell signals now. The current trend is consolidation starting from 2025-03-26. The total price change during this trend is -21.13%. Recently, the price has decreased but the volume has also decreased, indicating a potential rebound signal.The average turnover of GRNTover the last 5 trading days is 3.06M. Overall, the technical indicator signals lean more toward a bearish outlook in the mid-term.
Granite Ridge Resources Inc's overall moving average trend leans more bearish as of Monday, April 7, 2025, with 4 negative signals and 0positive signal. In the mid-term, the SMA_20 being below the SMA_60 signals a strong bearish trend. There will be some resistance from the lines at $6.54, and $7.06. A break-up above any of these levels will issue buy signals. There will be some support from the lines at $4.86, and $4.34. A break-down below any of these levels will issue sell signals.
Summary
Sell
Sell
5
Buy
3
Moving Average
Swing
NegativeStock Price Below SMA_5
Short Term
NegativeSMA_5 Below SMA_20
Mid Term
NegativeSMA_20 Below SMA_60
Long Term
NegativeSMA_60 Below SMA_200
Short Selling
Close Price
Short Sale Ratio
Short Sale Volume
3 Bullish Signals
When Value satisfies Signal, Indicator signals Bullish
Indicators
Signal
Value
Meaning
Relative Strength Index (14 days)
RSI_14 < 30
24.99
Bullish
Commodity Channel Index (20 days, 0.015 constant)
CCI_20_0.015 < -100
-222.9
Bullish
Williams %R (14 days)
WILLR_14 < -80
-100
Bullish
5 Bearish Signals
When Value satisfies Signal, Indicator signals Bearish
Indicators
Signal
Value
Meaning
Awesome Oscillator (5, 34)
AO_5_34 < 0
-0.09
Bearish
Momentum (10 days)
MOM_10 < 0
-1.09
Bearish
Moving Average Convergence Divergence (12, 26, 9)
MACD_12_26_9 < 0
-0.07
Bearish
Closing price
close < fibonacci_S1
4.89
Bearish
Moving Average
5-day SMA crosses below 20-day SMA
--
Bearish
GRNT Price Prediction & Forecast
Based on historical patterns and backtesting of stocks with similar movements to Granite Ridge Resources Inc(GRNT), our algorithm predicts GRNT's 1-month price at $5.08, with an 3.76%upwardshift. Using a similarity score up to 94.36%and other factors, This forecast updates weekly, adjusting for significant deviations.
Based on GRNT's historical stock price data across all years, the probability of a positive return in April is60.00%, suggesting it maybe an ideal month to invest in GRNT. In contrast,Marchoffers the highest probability of positive returns at80.00%, making it a potentially strong month for investment.
However, this is only a prediction based on one method, and a comprehensive assessment of the stock's future trend should consider additional factors. Our final stock price commentary incorporates three main evaluation dimensions: technical signals, Moving Average trends, and similar chart pattern matching, with the first two dimensions carrying the primary weight to ensure a more robust and accurate forecast.
Should I Buy Granite Ridge Resources Inc Stock?
Based on our evaluation of the three key dimensions—technical signals, Moving Average trends, and similar chart pattern matching—we have identified the following insights.GRNT has several negativesignals and is within afallingtrend, so we believe it will performweaklyin the next couple of days or weeks. We therefore hold anegativeevaluation of this stock. Our analysis conclusion for this stock is aStrong Sellcandidate.
Similar Chart
The price prediction chart forGranite Ridge Resources Inc (GRNT.N)stock, as ofSunday, April 6, 2025, forecasts a3.76%change over the next month, based on its high correlation withEG.N stock patterns. The similarity between their price movements over the analyzed periods is94.36%. The right panel lists other stocks with similar price patterns. This prediction is updated every week.
GRNT
Future prediction
Up: 3.76%
EG
Up: 3.76%Similarity: 94.36%
Name
Similarity
Up/Down
EG.N
94.36%
+3.76%
ATNI.O
93.48%
+11.66%
OPCH.O
93.24%
+20.24%
PAYX.O
93.10%
+5.46%
Monthly Seasonality
The radar chart shows that buying Granite Ridge Resources Inc (GRNT.N) stock in March has the highest probability of a positive return (80.00%), while September has the lowest probability (25.00%).
Performance Seasonality
The chart shows Granite Ridge Resources Inc.(GRNT)'s annual stock price return for the past three years, helping you analyze price trends and identify recurring trends on an annual basis.
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FAQ
Should I buy Granite Ridge Resources Inc (GRNT.N) stock?
GRNT has several negativesignals and is within arisingtrend, so we believe it will performweaklyin the next couple of days or weeks. We therefore hold anegativeevaluation of this stock. The price is expected tofall3.76%in the coming month. Our analysis conclusion for this stock is aStrong Sellcandidate.
Which months have the highest win rate for buying Granite Ridge Resources Inc (GRNT.N) stock in a year?
How has Granite Ridge Resources Inc. (GRNT)'s stock price performed over the past three years?
Which bull technical signals does GRNT have?
Which bearish technical signals does GRNT have?
Is GRNT a buy based on overall technical signals summary?
What is the trend of Granite Ridge Resources Inc (GRNT)'s moving average?