Free Daily Analysis

Stock Trend Analysis Report

Prepared for you on Tuesday, May 18, 2021.

Guggenheim Credit Allocation Fund (NYSE:GGM)

Long-Term Downtrend (-90) - GGM is in a strong downtrend that is likely to continue. While GGM 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 GGM?

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

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

NYSE_GGM
Open High Low GGM Price Change
20.52 20.67 20.42 20.53 +0.01
Entry Signal

MarketClub’s Trade Triangles for GGM

long term down The long-term trend has been DOWN since Apr 21st, 2021 at 19.62

intermediate term down The intermediate-term trend has been DOWN since Apr 21st, 2021 at 20.80

short term down The short-term trend has been DOWN since May 12th, 2021 at 20.72

Smart Scan Analysis for GGM

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

-90
Smart Scan Analysis for GGM
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
20.52 20.67 20.42 20.53 +0.01
Prev. Close Volume Bid Ask Time
20.52 42339 2021-05-18 15:17:08
Year High23.1Year High Date2018-02-07
Year Low18.74Year Low Date2018-11-20
52wk High21.969152wk High Date2021-04-20
52wk Low15.9852wk Low Date2020-05-22
Average Volume159,656Market Cap155M
Assets259,607,965MLiabilities87,182,325M
P/E Ratio12.4911Volatility18.2
Get a free daily analysis and signals for Guggenheim Credit Allocation Fund (GGM) - Request Your Free Report.