Stock Trend Analysis Report
Prepared for you on Friday, August 19, 2022.
Golden Ridge Resources Ltd (CDNX:GLDN)
Long-Term Downtrend (-90) - GLDN is in a strong downtrend that is likely to continue. While GLDN 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 GLDN?
MarketClub looks at technical strength and momentum to determine if the timing is right for GLDN.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for GLDN
The long-term trend has been DOWN since May 12th, 2022 at 0.130
The intermediate-term trend has been DOWN since Aug 9th, 2022 at 0.120
The short-term trend has been DOWN since Aug 2nd, 2022 at 0.145
Smart Scan Analysis for GLDN
Based on our trend formula, GLDN is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||0.54||Year High Date||2018-08-31|
|Year Low||0.085||Year Low Date||2018-11-29|
|52wk High||0.54||52wk High Date||2018-08-31|
|52wk Low||0.085||52wk Low Date||2018-11-29|