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Stock Trend Analysis Report

Prepared for you on Friday, April 19, 2024.

Gold Resource Corporation (AMEX:GORO)

Sidelines Mode (+55) - GORO 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 GORO?

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

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

AMEX_GORO
Open High Low GORO Price Change
0.450 0.510 0.450 0.489 +0.032
Entry Signal

MarketClub’s Trade Triangles for GORO

long term up The long-term trend has been UP since Mar 13th, 2024 at 0.404

intermediate term up The intermediate-term trend has been UP since Mar 6th, 2024 at 0.278

short term down The short-term trend has been DOWN since Apr 9th, 2024 at 0.580

Smart Scan Analysis for GORO

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

+55
Smart Scan Analysis for GORO
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.450 0.510 0.450 0.489 +0.032
Prev. Close Volume Bid Ask Time
0.457 708301 2024-04-19 15:59:26
Year High7.33Year High Date2018-07-18
Year Low3.61Year Low Date2018-11-28
52wk High1.0752wk High Date2023-04-20
52wk Low0.215352wk Low Date2024-01-31
Year End Close15.41Average Volume1,343,363
Shares Outstanding88,758Short Interest4,421,139
% Institutional54.9Market Cap251M
Assets183,886,000MLiabilities87,193,000M
P/E Ratio86Beta1.68
Volatility67.4
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