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Stock Trend Analysis Report

Prepared for you on Wednesday, October 20, 2021.

Gold Resource Corporation (AMEX:GORO)

Sidelines Mode (+55) - GORO 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 GORO?

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

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

AMEX_GORO
Open High Low GORO Price Change
1.670 1.690 1.640 1.685 +0.035
Entry Signal

MarketClub’s Trade Triangles for GORO

long term down The long-term trend has been DOWN since Sep 21st, 2020 at 3.54

intermediate term up The intermediate-term trend has been UP since Oct 13th, 2021 at 1.68

short term down The short-term trend has been DOWN since Oct 18th, 2021 at 1.70

Smart Scan Analysis for GORO

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

+55
Smart Scan Analysis for GORO
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.670 1.690 1.640 1.685 +0.035
Prev. Close Volume Bid Ask Time
1.690 555407 2021-10-19 15:59:46
Year High7.33Year High Date2018-07-18
Year Low3.61Year Low Date2018-11-28
52wk High3.7852wk High Date2020-12-22
52wk Low1.5552wk Low Date2021-10-05
Year End Close15.41Average Volume475,265
Shares Outstanding74,532Short Interest4,421,139
% Institutional54.9Market Cap251M
Assets114,609,000MLiabilities21,346,000M
P/E Ratio8.8947Beta1.68
Volatility67.4
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