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Stock Trend Analysis Report

Prepared for you on Wednesday, November 27, 2024.

Global Medical REIT Inc. (NYSE:GMRE)

Countertrend Down (-85) - GMRE is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score 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.

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

NYSE_GMRE
Open High Low GMRE Price Change
8.79 8.85 8.75 8.81 -0.05
Entry Signal

MarketClub’s Trade Triangles for GMRE

long term down The long-term trend has been DOWN since Nov 12th, 2024 at 8.790

intermediate term down The intermediate-term trend has been DOWN since Oct 7th, 2024 at 9.340

short term up The short-term trend has been UP since Nov 21st, 2024 at 8.735

Smart Scan Analysis for GMRE

Based on our trend formula, GMRE is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for GMRE
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
8.79 8.85 8.75 8.81 -0.05
Prev. Close Volume Bid Ask Time
8.80 187820 2024-11-26 15:59:22
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 Volume390,354Shares Outstanding66,803
Market Cap384MAssets124,259,500M
Liabilities700,043,000MP/E Ratio39.3478
Volatility18.03
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