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Stock Trend Analysis Report

Prepared for you on Saturday, May 15, 2021.

Gold Resource Corp (AMEX:GORO)

Long-Term Downtrend (-90) - GORO is in a strong downtrend that is likely to continue. While GORO 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 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
2.64 2.74 2.63 2.74 +0.15
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 down The intermediate-term trend has been DOWN since Apr 27th, 2021 at 2.76

short term down The short-term trend has been DOWN since May 5th, 2021 at 2.68

Smart Scan Analysis for GORO

Based on our trend formula, GORO is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for GORO
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.64 2.74 2.63 2.74 +0.15
Prev. Close Volume Bid Ask Time
2.74 1057387 2021-05-14 15:59:32
Year High7.33Year High Date2018-07-18
Year Low3.61Year Low Date2018-11-28
52wk High5.0452wk High Date2020-07-27
52wk Low2.4852wk Low Date2021-01-22
Year End Close15.41Average Volume1,021,809
Shares Outstanding74,439Short Interest4,421,139
% Institutional54.9Market Cap251M
Assets107,848,000MLiabilities15,426,000M
P/E Ratio18.5Beta1.68
Volatility67.4
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