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Stock Trend Analysis Report

Prepared for you on Saturday, October 26, 2024.

Golden Matrix Group, Inc. (NASDAQ:GMGI)

Long-Term Downtrend (-90) - GMGI is in a strong downtrend that is likely to continue. While GMGI 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 GMGI?

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

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NASDAQ_GMGI
Open High Low GMGI Price Change
2.2400 2.2699 2.1800 2.2570 +0.0670
Entry Signal

MarketClub’s Trade Triangles for GMGI

long term down The long-term trend has been DOWN since Aug 1st, 2024 at 2.22

intermediate term down The intermediate-term trend has been DOWN since Sep 9th, 2024 at 2.30

short term down The short-term trend has been DOWN since Oct 23rd, 2024 at 2.19

Smart Scan Analysis for GMGI

Based on our trend formula, GMGI is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for GMGI
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.2400 2.2699 2.1800 2.2570 +0.0670
Prev. Close Volume Bid Ask Time
2.2200 30110 2024-10-25 15:59:54
Year High0.0028Year High Date2018-05-21
Year Low0.00019Year Low Date2018-04-03
52wk High6.2752wk High Date2024-05-31
52wk Low2.0152wk Low Date2024-08-01
Average Volume56,366Shares Outstanding120,842
Assets191,537,719MLiabilities102,006,918M
P/E Ratio460Volatility210.96
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