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Stock Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
GlobalFoundries Inc. (NASDAQ:GFS)
Crossroads (+60) - GFS is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid GFS?
MarketClub looks at technical strength and momentum to determine if the timing is right for GFS.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for GFS
The long-term trend has been DOWN since Mar 19th, 2024 at 50.980
The intermediate-term trend has been UP since May 6th, 2024 at 50.190
The short-term trend has been UP since May 3rd, 2024 at 49.265
Smart Scan Analysis for GFS
Based on our trend formula, GFS is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 52.48 | 52.48 | 51.31 | 51.54 | -0.82 |
| Prev. Close | Volume | Bid | Ask | Time |
| 52.36 | 134969 | 2024-05-09 10:16:10 |
| 52wk High | 68.57 | 52wk High Date | 2023-07-17 |
| 52wk Low | 45.52 | 52wk Low Date | 2024-04-22 |
| Average Volume | 1,584,287 | Assets | 180,440,000M |
| Liabilities | 694,000,000M | P/E Ratio | 28.612 |