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Stock Trend Analysis Report

Prepared for you on Tuesday, August 16, 2022.

Glenfarne Merger Corp. - Class A (NASDAQ:GGMC)

Sidelines Mode (+55) - GGMC is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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

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

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

NASDAQ_GGMC
Open High Low GGMC Price Change
9.8200 9.8200 9.8198 9.8200 0.0000
Entry Signal

MarketClub’s Trade Triangles for GGMC

long term up The long-term trend has been UP since Mar 21st, 2022 at 9.75

intermediate term down The intermediate-term trend has been DOWN since Jun 30th, 2022 at 9.75

short term up The short-term trend has been UP since Jul 1st, 2022 at 9.80

Smart Scan Analysis for GGMC

Based on our trend formula, GGMC is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for GGMC
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
9.8200 9.8200 9.8198 9.8200 0.0000
Prev. Close Volume Bid Ask Time
9.8200 11550 2022-08-15 15:59:56
52wk High9.8652wk High Date2022-06-17
52wk Low9.452wk Low Date2021-10-21
Average Volume184,059Shares Outstanding34,923
Assets273,862,417MLiabilities12,839,496M
P/E Ratio23.9512
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