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Stock Trend Analysis Report

Prepared for you on Thursday, November 21, 2024.

Global Medical REIT Inc. (NYSE:GMRE)

Long-Term Downtrend (-90) - GMRE is in a strong downtrend that is likely to continue. While GMRE is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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.

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NYSE_GMRE
Open High Low GMRE Price Change
8.6300 8.6650 8.5345 8.6400 -0.0300
Entry Signal

MarketClub’s Trade Triangles for GMRE

long term down The long-term trend has been DOWN since Nov 12th, 2024 at 8.79

intermediate term down The intermediate-term trend has been DOWN since Oct 7th, 2024 at 9.34

short term down The short-term trend has been DOWN since Nov 14th, 2024 at 8.65

Smart Scan Analysis for GMRE

Based on our trend formula, GMRE is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for GMRE
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
8.6300 8.6650 8.5345 8.6400 -0.0300
Prev. Close Volume Bid Ask Time
8.6400 264744 2024-11-20 15:59:24
Year High10.05Year High Date2018-09-17
Year Low6.34Year Low Date2018-03-26
52wk High11.58552wk High Date2023-12-22
52wk Low7.9852wk Low Date2024-04-16
Average Volume365,948Shares Outstanding66,803
Market Cap384MAssets124,259,500M
Liabilities700,043,000MP/E Ratio39.3478
Volatility18.03
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