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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.
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MarketClub’s Trade Triangles for GORO
The long-term trend has been DOWN since Jun 23rd, 2022 at 1.64
The intermediate-term trend has been DOWN since Apr 25th, 2023 at 0.95
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).
| 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 High | 7.33 | Year High Date | 2018-07-18 |
| Year Low | 3.61 | Year Low Date | 2018-11-28 |
| 52wk High | 1.8 | 52wk High Date | 2023-01-26 |
| 52wk Low | 0.4 | 52wk Low Date | 2023-10-02 |
| Year End Close | 15.41 | Average Volume | 233,298 |
| Shares Outstanding | 88,469 | Short Interest | 4,421,139 |
| % Institutional | 54.9 | Market Cap | 251M |
| Assets | 191,072,000M | Liabilities | 84,371,000M |
| P/E Ratio | 86 | Beta | 1.68 |
| Volatility | 67.4 |