Stock Trend Analysis Report
Prepared for you on Friday, October 15, 2021.
GLOBAL FIBER TECHS INC (NASDAQ:GFTX)
Long-Term Downtrend (-90) - GFTX is in a strong downtrend that is likely to continue. While GFTX 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 GFTX?
MarketClub looks at technical strength and momentum to determine if the timing is right for GFTX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for GFTX
The long-term trend has been DOWN since Jun 1st, 2021 at 0.0050
The intermediate-term trend has been DOWN since Oct 5th, 2021 at 0.0015
The short-term trend has been DOWN since Oct 15th, 2021 at 0.0018
Smart Scan Analysis for GFTX
Based on our trend formula, GFTX is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||0.0171||52wk High Date||2021-02-10|
|52wk Low||0.0002||52wk Low Date||2021-10-04|
|Average Volume||7,257,732||Shares Outstanding||1,254,240|