Free Daily Analysis

Stock Trend Analysis Report

Prepared for you on Sunday, October 24, 2021.

Guggenheim Credit Allocation Fund Common Shares of Beneficial Interest (NYSE:GGM)

Countertrend Down (-85) - GGM 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 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.

NYSE_GGM
Open High Low GGM Price Change
21.7600 21.8000 21.1798 21.2100 -0.3900
Entry Signal

MarketClub’s Trade Triangles for GGM

long term down The long-term trend has been DOWN since Sep 28th, 2021 at 20.38

intermediate term down The intermediate-term trend has been DOWN since Sep 23rd, 2021 at 21.25

short term up The short-term trend has been UP since Oct 22nd, 2021 at 21.79

Smart Scan Analysis for GGM

Based on our trend formula, GGM is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for GGM
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
21.7600 21.8000 21.1798 21.2100 -0.3900
Prev. Close Volume Bid Ask Time
21.1900 224055 2021-10-22 15:59:56
Year High23.1Year High Date2018-02-07
Year Low18.74Year Low Date2018-11-20
52wk High22.552wk High Date2021-09-14
52wk Low18.00552wk Low Date2020-10-28
Average Volume82,834Market Cap155M
Assets296,499,778MLiabilities98,288,639M
P/E Ratio14.2105Volatility18.2
Get a free daily analysis and signals for Guggenheim Credit Allocation Fund Common Shares of Beneficial Interest (GGM) - Request Your Free Report.