Grab Holdings Limited (GRAB)

Grab Holdings Limited is trading at $3.49, down 2.51% on the session. The 50 day average sits at $3.59 and the 200 day at $n/a, which puts the stock in a mixed technical position. RSI is at 50.2, which reads as neutral, and MACD is bullish crossover. Volume is below average.

The nearest support is around $3.48 with resistance near $3.66, so that band frames the current range. Average daily movement is roughly $0.14, or about 4.1% of the share price, which is what any stop placement has to allow for. The overall health score of 52 out of 100 combines a trend score of 32, momentum of 64 and a risk score of 68.

Grab Holdings Limited operates the Grab superapp in Cambodia, Indonesia, Malaysia, Myanmar, the Philippines, Singapore, Thailand, and Vietnam. The company offers delivery services on its platform, such as GrabFood, a food ordering and delivery booking service; Dine-Out for table reservations; GrabMart, a goods ordering and delivery booking service; GrabAds, an online advertising solution; GrabExpress, a package delivery booking service; Grab for Business platform, a unified management portal for corporate clients. It also provides GrabKios, a network of agents; GrabCar, which enables a private hire driver-partner to register with Grab and accept bookings through its driver-partner application; and GrabTaxi, which enables a taxi driver-partner to register with Grab and accept bookings through the Grab driver-partner application. In addition, the company offers JustGrab, which enables consumers to book a private car or a traditional taxi; GrabBike, a motorcycle ride-hailing offering; three-wheel vehicles for culturally localized modes; carpooling shared mobility options; GrabRentals, which facilitates vehicle rental for its driver-partners; GrabPay, a digital payments solution; and GrabCoins, a loyalty platform. Further, it provides GrabFin for financial services comprising digital and offline lending, PayLater services, white goods financing, receivables factoring, and working capital loans; GrabInsure, aprotection for rides and package deliveries, personal accident insurance, income protection insurance, critical illness insurance, vehicle insurance, and travel insurance; GrabLink, a payment gateway and acquiring service; Digibank Savings Account, a digital banking deposit account. Additionally, the company offers GX Bank debit cards; GXS FlexiCard, a fee-based credit card; and mapping services, autonomous vehicle services, and last-mile delivery infrastructure. Grab Holdings Limited was founded in 2012 and is headquartered in Singapore, Singapore.