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Stock Trend Analysis Report
Prepared for you on Monday, March 8, 2021.
Guggenheim Credit Allocation Fund (NYSE:GGM)
Bull Market Weakness (+75) - GGM is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on GGM as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid GGM?
MarketClub looks at technical strength and momentum to determine if the timing is right for GGM.
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 GGM
The long-term trend has been UP since Jul 6th, 2020 at 18.04
The intermediate-term trend has been DOWN since Feb 17th, 2021 at 20.14
The short-term trend has been UP since Feb 24th, 2021 at 20.44
Smart Scan Analysis for GGM
Based on our trend formula, GGM is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 20.4400 | 20.5079 | 20.3500 | 20.4500 | +0.0100 |
| Prev. Close | Volume | Bid | Ask | Time |
| 20.4500 | 48914 | 2021-03-05 15:59:57 |
| Year High | 23.1 | Year High Date | 2018-02-07 |
| Year Low | 18.74 | Year Low Date | 2018-11-20 |
| 52wk High | 21.1 | 52wk High Date | 2021-02-10 |
| 52wk Low | 10.65 | 52wk Low Date | 2020-03-19 |
| Average Volume | 66,286 | Market Cap | 155M |
| Assets | 259,607,965M | Liabilities | 87,182,325M |
| P/E Ratio | 12.0947 | Volatility | 18.2 |