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Stock Trend Analysis Report

Prepared for you on Tuesday, October 3, 2023.

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.

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

Open High Low GORO Price Change
0.4050 0.4050 0.3860 0.3860 -0.0171
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 Apr 25th, 2023 at 0.95

short term down The short-term trend has been DOWN since Sep 18th, 2023 at 0.46

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).

Smart Scan Analysis for GORO
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.4050 0.4050 0.3860 0.3860 -0.0171
Prev. Close Volume Bid Ask Time
0.4031 521546 2023-10-03 15:57:40
Year High7.33Year High Date2018-07-18
Year Low3.61Year Low Date2018-11-28
52wk High1.852wk High Date2023-01-26
52wk Low0.452wk Low Date2023-10-02
Year End Close15.41Average Volume233,298
Shares Outstanding88,469Short Interest4,421,139
% Institutional54.9Market Cap251M
P/E Ratio86Beta1.68
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