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Stock Trend Analysis Report

Prepared for you on Tuesday, October 3, 2023.

Global Medical REIT Inc. (NYSE:GMRE)

Sidelines Mode (+55) - GMRE is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid GMRE?

MarketClub looks at technical strength and momentum to determine if the timing is right for GMRE.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NYSE_GMRE
Open High Low GMRE Price Change
8.99 8.99 8.79 8.85 -0.12
Entry Signal

MarketClub’s Trade Triangles for GMRE

long term up The long-term trend has been UP since Jul 11th, 2023 at 9.575

intermediate term down The intermediate-term trend has been DOWN since Sep 21st, 2023 at 9.330

short term up The short-term trend has been UP since Sep 29th, 2023 at 9.030

Smart Scan Analysis for GMRE

Based on our trend formula, GMRE is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for GMRE
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
8.99 8.99 8.79 8.85 -0.12
Prev. Close Volume Bid Ask Time
8.86 278553 2023-10-02 15:59:44
Year High10.05Year High Date2018-09-17
Year Low6.34Year Low Date2018-03-26
52wk High11.7952wk High Date2023-02-02
52wk Low7.0152wk Low Date2022-10-13
Average Volume306,959Shares Outstanding65,565
Market Cap384MAssets136,903,800M
Liabilities756,284,000MP/E Ratio56.0625
Volatility18.03
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