Stock Trend Analysis Report
Prepared for you on Tuesday, October 3, 2023.
Gorilla Technology Group Inc. (NASDAQ:GRRR)
Countertrend Down (-85) - GRRR 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 GRRR?
MarketClub looks at technical strength and momentum to determine if the timing is right for GRRR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for GRRR
The long-term trend has been DOWN since Aug 7th, 2023 at 1.6500
The intermediate-term trend has been DOWN since Aug 1st, 2023 at 2.0300
The short-term trend has been UP since Oct 2nd, 2023 at 0.8999
Smart Scan Analysis for GRRR
Based on our trend formula, GRRR is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||12.45||52wk High Date||2023-01-03|
|52wk Low||0.84||52wk Low Date||2023-09-28|
|Average Volume||1,180,662||Shares Outstanding||72,456|