Granite Real Estate-Inc's 15-min Chart Shows MACD, KDJ Death Cross Signals

Based on the 15-minute chart for Granite Real Estate-U, the Moving Average Convergence Divergence (MACD) indicator has triggered a "Death Cross" and the KDJ indicator has also confirmed a "Death Cross" at 16:00 on March 17, 2025. This suggests that the stock price has the potential to continue declining, as the momentum of the stock price is shifting towards the downside and may lead to further decreases.

The 15-minute chart for Granite Real Estate-U (GRP.U:NYQ) has recently shown bearish signals, according to the Moving Average Convergence Divergence (MACD) and Kaufman Divergence (KDJ) indicators. These technical tools, widely used in financial markets, provide valuable insights into the momentum and direction of a stock's price movement.

As of March 17, 2025, at approximately 16:00 BST, the MACD indicator triggered a "Death Cross" when the shorter 12-period moving average crossed below the longer 26-period moving average [1]. This occurrence is often seen as a bearish signal, suggesting that the stock may continue to decline in the near term.

Furthermore, the KDJ indicator also confirmed a "Death Cross" around the same time [1]. This indicator measures the relationship between a stock's price, its momentum, and the average of these two values over a specific period. A "Death Cross" in the KDJ indicator occurs when the 3-day moving average of the relative strength index (RSI) crosses below its 9-day moving average, signaling a potential shift in momentum from bullish to bearish.

These bearish signals align with the current price action of GRP.U:NYQ. As of March 17, 2025, the stock traded at 55.76, which is below its 52-week high of 59.78 [1]. Additionally, the trading volume for the stock has been significantly higher than the daily average, which could indicate increased selling pressure [1].

It is essential to note that while these technical indicators can provide valuable insights into a stock's price momentum, they should not be the sole basis for investment decisions. Other fundamental and qualitative factors, such as a company's financial health, management, and industry conditions, should also be considered.

For more information on the MACD and KDJ indicators, please refer to Investopedia's comprehensive guides on these technical tools [2][3].

[1] Granite Real Estate Investment Trust (GRP.U:NYQ) - FT.com
[2] What Is the Moving Average Convergence Divergence (MACD)? - Investopedia
[3] Kaufman Divergence - Investopedia