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Stock Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Grocery Outlet Holding Corp. (NASDAQ:GO)
Long-Term Downtrend (-90) - GO is in a strong downtrend that is likely to continue. While GO is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid GO?
MarketClub looks at technical strength and momentum to determine if the timing is right for GO.
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 GO
The long-term trend has been DOWN since Oct 4th, 2023 at 28.190
The intermediate-term trend has been DOWN since Apr 12th, 2024 at 26.460
The short-term trend has been DOWN since Apr 26th, 2024 at 26.982
Smart Scan Analysis for GO
Based on our trend formula, GO is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 20.770 | 21.680 | 19.730 | 21.005 | -4.895 |
| Prev. Close | Volume | Bid | Ask | Time |
| 20.880 | 10237519 | 2024-05-08 15:59:37 |
| 52wk High | 36.54 | 52wk High Date | 2023-08-09 |
| 52wk Low | 23.41 | 52wk Low Date | 2024-02-06 |
| Average Volume | 1,174,110 | Shares Outstanding | 99,228 |
| Market Cap | 3,238M | Assets | 296,958,600M |
| Liabilities | 175,024,700M | P/E Ratio | 32.7848 |