GLOBAL MEDICAL REIT INC (GMRE)

US37954A2042 - REIT

8.11  +0.02 (+0.25%)

After market: 8.11 0 (0%)

Technical Rating and Analysis

0

We assign a technical rating of 0 out of 10 to GMRE. GMRE's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.

Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
83% of all other stocks performed better in the past year than GMRE.
GMRE is part of the Diversified REITs industry. There are 126 other stocks in this industry, of which 81% are performing better than GMRE.
GMRE is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so GMRE is lagging the market.
GMRE is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
Weekly and Daily overview Charts
GMRE Weekly chart
GMRE Daily chart
Setup Rating and Analysis

5

Although the technical rating is bad, GMRE does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced.

Support and Resistance Analysis

7.89

11.44

2 important support areas can be observed.

  • Support @8.10 from a horizontal line in the weekly time frame.
  • Support @7.97 from a horizontal line in the daily time frame.

We can see 3 important resistance areas.

  • A resistance zone ranging from 8.12 to 8.13. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A resistance zone ranging from 8.65 to 8.82. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 11.30 to 11.33. This zone is formed by a combination of multiple trend lines in the weekly time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS17.8
Mansfield-2.23
10 Day High8.36
10 Day Low7.98
20 Day High8.75
20 Day Low7.98
52 Week High11.59
52 Week Low7.98
Performance
1 Week-0.98%
2 Weeks-2.41%
1 Month-7.31%
3 Month-20.88%
6 Month-4.14%
12 Month-12.61%
2 Year-45.05%
3 Year-43.52%
5 Year-20.49%
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.02
RSI(14)38.34
LBB7.9
UBB8.5
GMRE Daily chart

GLOBAL MEDICAL REIT INC

NYSE:GMRE (4/26/2024, 7:04:00 PM)

After market: 8.11 0 (0%)

8.11

+0.02 (+0.25%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryDiversified REITs
Performance
% Chg0.25%
1 Week-0.98%
2 Weeks-2.41%
1 Month-7.31%
3 Month-20.88%
6 Month-4.14%
12 Month-12.61%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.16
ATR(20)%2.15%
ATR Inc
Range Today0.12
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High8.36
10 Day Low7.98
20 Day High8.75
20 Day Low7.98
52 Week High11.59
52 Week Low7.98
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume326.50K
Volume Incr-10.72%
Vol(5)371.74K
Vol(50)413.82K