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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.
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MarketClub’s Trade Triangles for GMRE
The long-term trend has been UP since Jul 11th, 2023 at 9.575
The intermediate-term trend has been DOWN since Sep 21st, 2023 at 9.330
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).
| 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 High | 10.05 | Year High Date | 2018-09-17 |
| Year Low | 6.34 | Year Low Date | 2018-03-26 |
| 52wk High | 11.79 | 52wk High Date | 2023-02-02 |
| 52wk Low | 7.01 | 52wk Low Date | 2022-10-13 |
| Average Volume | 306,959 | Shares Outstanding | 65,565 |
| Market Cap | 384M | Assets | 136,903,800M |
| Liabilities | 756,284,000M | P/E Ratio | 56.0625 |
| Volatility | 18.03 |