Free Daily Analysis

Stock Trend Analysis Report

Prepared for you on Thursday, May 2, 2024.

Globex Mining Enterprises Inc (TSE:GMX)

Sidelines Mode (+55) - GMX 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 GMX?

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

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

TSE_GMX
Open High Low GMX Price Change
0.99 0.99 0.99 0.96 +0.02
Entry Signal

MarketClub’s Trade Triangles for GMX

long term up The long-term trend has been UP since Apr 2nd, 2024 at 0.94

intermediate term up The intermediate-term trend has been UP since Apr 1st, 2024 at 0.86

short term down The short-term trend has been DOWN since Apr 29th, 2024 at 1.00

Smart Scan Analysis for GMX

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

+55
Smart Scan Analysis for GMX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.99 0.99 0.99 0.96 +0.02
Prev. Close Volume Bid Ask Time
0.96 1550 2024-05-01 10:35:43
Year High0.51Year High Date2018-01-29
Year Low0.25Year Low Date2018-11-14
52wk High0.5152wk High Date2018-01-29
52wk Low0.2552wk Low Date2018-11-14
Year End Close1Average Volume51,261
Volatility70.74
Get a free daily analysis and signals for Globex Mining Enterprises Inc (GMX) - Request Your Free Report.