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.
MarketClub’s Trade Triangles for GGMC
The long-term trend has been UP since Mar 21st, 2022 at 9.75
The intermediate-term trend has been DOWN since Jun 30th, 2022 at 9.75
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).
|52wk High||9.86||52wk High Date||2022-06-17|
|52wk Low||9.4||52wk Low Date||2021-10-21|
|Average Volume||184,059||Shares Outstanding||34,923|