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Stock Trend Analysis Report

Prepared for you on Saturday, December 9, 2023.

GlobalFoundries Inc. (NASDAQ:GFS)

Countertrend Down (-85) - GFS is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

Is it time to buy, sell, or avoid GFS?

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

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

Open High Low GFS Price Change
52.3800 53.3266 52.1900 52.4800 -0.2800
Entry Signal

MarketClub’s Trade Triangles for GFS

long term down The long-term trend has been DOWN since May 9th, 2023 at 57.36

intermediate term down The intermediate-term trend has been DOWN since Dec 6th, 2023 at 51.13

short term up The short-term trend has been UP since Dec 8th, 2023 at 53.14

Smart Scan Analysis for GFS

Based on our trend formula, GFS is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Smart Scan Analysis for GFS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
52.3800 53.3266 52.1900 52.4800 -0.2800
Prev. Close Volume Bid Ask Time
52.5000 1256340 2023-12-08 15:59:10
52wk High72.552wk High Date2023-02-14
52wk Low48.11552wk Low Date2023-11-01
Average Volume1,352,152Assets172,080,000M
Liabilities816,800,000MP/E Ratio-121.65310000
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