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Stock Trend Analysis Report

Prepared for you on Wednesday, June 29, 2022.

Gold Resource Corporation (AMEX:GORO)

Strong Downtrend (-100) - GORO is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, GORO continues to fall. Traders should use caution and set stops.

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.

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AMEX_GORO
Open High Low GORO Price Change
1.7200 1.7200 1.6401 1.6600 -0.0400
Entry Signal

MarketClub’s Trade Triangles for GORO

long term down The long-term trend has been DOWN since Jun 23rd, 2022 at 1.64

intermediate term down The intermediate-term trend has been DOWN since Jun 23rd, 2022 at 1.70

short term down The short-term trend has been DOWN since Jun 29th, 2022 at 1.65

Smart Scan Analysis for GORO

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

-100
Smart Scan Analysis for GORO
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.7200 1.7200 1.6401 1.6600 -0.0400
Prev. Close Volume Bid Ask Time
1.7000 389377 2022-06-29 12:38:21
Year High7.33Year High Date2018-07-18
Year Low3.61Year Low Date2018-11-28
52wk High2.6552wk High Date2021-07-06
52wk Low1.552wk Low Date2022-01-10
Year End Close15.41Average Volume1,082,014
Shares Outstanding88,339Short Interest4,421,139
% Institutional54.9Market Cap251M
Assets216,583,000MLiabilities92,868,000M
P/E Ratio13.0769Beta1.68
Volatility67.4
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