Free Daily Analysis
Stock Trend Analysis Report
Prepared for you on Friday, December 8, 2023.
GRAPHENE MFG GROUP LTD (NASDAQ:GMGMF)
Countertrend Down (-85) - GMGMF 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 GMGMF?
MarketClub looks at technical strength and momentum to determine if the timing is right for GMGMF.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for GMGMF
The long-term trend has been DOWN since Aug 11th, 2023 at 1.350
The intermediate-term trend has been DOWN since Nov 28th, 2023 at 1.020
The short-term trend has been UP since Dec 1st, 2023 at 1.036
Smart Scan Analysis for GMGMF
Based on our trend formula, GMGMF is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.1600 | 1.1600 | 1.0940 | 1.0940 | -0.0177 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.1117 | 29784 | 2023-12-08 14:01:00 |
| 52wk High | 2.3 | 52wk High Date | 2023-06-12 |
| 52wk Low | 0.785 | 52wk Low Date | 2023-10-24 |
| Average Volume | 37,711 |