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Stock Trend Analysis Report
Prepared for you on Wednesday, April 24, 2024.
Global Medical REIT Inc. (NYSE:GMRE)
Long-Term Downtrend (-90) - GMRE is in a strong downtrend that is likely to continue. While GMRE 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 GMRE?
MarketClub looks at technical strength and momentum to determine if the timing is right for GMRE.
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 GMRE
The long-term trend has been DOWN since Mar 14th, 2024 at 8.69
The intermediate-term trend has been DOWN since Jan 11th, 2024 at 10.57
The short-term trend has been DOWN since Apr 24th, 2024 at 8.09
Smart Scan Analysis for GMRE
Based on our trend formula, GMRE is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 8.170 | 8.195 | 8.050 | 8.170 | -0.020 |
| Prev. Close | Volume | Bid | Ask | Time |
| 8.190 | 442634 | 2024-04-24 15:59:57 |
| Year High | 10.05 | Year High Date | 2018-09-17 |
| Year Low | 6.34 | Year Low Date | 2018-03-26 |
| 52wk High | 11.585 | 52wk High Date | 2023-12-22 |
| 52wk Low | 7.98 | 52wk Low Date | 2024-04-16 |
| Average Volume | 394,834 | Shares Outstanding | 65,575 |
| Market Cap | 384M | Assets | 126,770,000M |
| Liabilities | 684,116,000M | P/E Ratio | 35.6087 |
| Volatility | 18.03 |