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Stock Trend Analysis Report

Prepared for you on Thursday, May 9, 2024.

Gates Industrial Corporation plc Ordinary Shares (NYSE:GTES)

Sidelines Mode (+55) - GTES is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid GTES?

MarketClub looks at technical strength and momentum to determine if the timing is right for GTES.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NYSE_GTES
Open High Low GTES Price Change
16.55 16.61 16.38 16.54 -0.03
Entry Signal

MarketClub’s Trade Triangles for GTES

long term up The long-term trend has been UP since Dec 1st, 2023 at 12.450

intermediate term down The intermediate-term trend has been DOWN since May 1st, 2024 at 17.090

short term up The short-term trend has been UP since May 7th, 2024 at 16.725

Smart Scan Analysis for GTES

Based on our trend formula, GTES is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for GTES
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
16.55 16.61 16.38 16.54 -0.03
Prev. Close Volume Bid Ask Time
16.57 549087 2024-05-09 13:31:50
Year High20.29Year High Date2018-09-24
Year Low14.01Year Low Date2018-11-20
52wk High17.98552wk High Date2024-04-30
52wk Low10.6852wk Low Date2023-10-27
Average Volume2,313,732Shares Outstanding264,271
Market Cap3,011MAssets704,590,000M
Liabilities386,730,000MP/E Ratio18.4111
Volatility46.56
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