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Stock Trend Analysis Report
Prepared for you on Wednesday, May 8, 2024.
GRIID Infrastructure Inc. (NASDAQ:GRDI)
Bear Market Rally (-75) - GRDI is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on GRDI as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid GRDI?
MarketClub looks at technical strength and momentum to determine if the timing is right for GRDI.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for GRDI
The long-term trend has been DOWN since Jan 31st, 2024 at 4.5
The intermediate-term trend has been DOWN since Jan 31st, 2024 at 4.5
The short-term trend has been UP since Apr 29th, 2024 at 1.1
Smart Scan Analysis for GRDI
Based on our trend formula, GRDI is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.7450 | 0.7599 | 0.7114 | 0.7599 | +0.0199 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.7400 | 2878 | 2024-05-08 09:36:08 |
| 52wk High | 9.66 | 52wk High Date | 2024-01-29 |
| 52wk Low | 0.59 | 52wk Low Date | 2024-05-02 |
| Average Volume | 194,040 | Shares Outstanding | 65,616 |