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.
MarketClub’s Trade Triangles for GGM
The long-term trend has been DOWN since Apr 21st, 2021 at 19.62
The intermediate-term trend has been DOWN since Apr 21st, 2021 at 20.80
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).
|Year High||23.1||Year High Date||2018-02-07|
|Year Low||18.74||Year Low Date||2018-11-20|
|52wk High||21.9691||52wk High Date||2021-04-20|
|52wk Low||15.98||52wk Low Date||2020-05-22|
|Average Volume||159,656||Market Cap||155M|