GLOBAL MEDICAL REIT INC (GMRE) Stock Technical Analysis
NYSE:GMRE - New York Stock Exchange, Inc. - US37954A2042 - REIT - Currency: USD
Taking everything into account, GMRE scores 1 out of 10 in our technical rating. GMRE scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, GMRE is a bad performer in the overall market: 64% of all stocks are doing better.
GMRE is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
In the last month GMRE has a been trading in the 6.75 - 7.91 range, which is quite wide. It is currently trading near the high of this range.
GMRE is an average performer in the Diversified REITs industry, it outperforms 48% of 129 stocks in the same industry.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, GMRE does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 7.82. Right above this resistance zone may be a good entry point.
More info and screens
7.65
8.98
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 7.82 to 7.95. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @8.35 from a trend line in the daily time frame.
- A resistance zone ranging from 8.63 to 8.65. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @8.89 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS36.19
Mansfield-1.06
10 Day High7.91
10 Day Low7.43
20 Day High7.91
20 Day Low6.75
52 Week High10.46
52 Week Low6.75
Performance
1 Week-1.65%
2 Weeks3.47%
1 Month0.26%
3 Month-2.02%
6 Month-13.5%
12 Month-12.82%
2 Year-11.12%
3 Year-40.38%
5 Year-27.71%
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)0.07
RSI(14)48.32
LBB7.32
UBB7.95
NYSE:GMRE (5/6/2025, 10:05:23 AM)
7.73
-0.02 (-0.26%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryDiversified REITs
Performance
% Chg-0.26%
1 Week-1.65%
2 Weeks3.47%
1 Month0.26%
3 Month-2.02%
6 Month-13.5%
12 Month-12.82%
2 Year-11.12%
3 Year-40.38%
5 Year-27.71%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.18
ATR(20)%3.76%
ATR Inc-18.48%
Range Today0.03
ADR(20)0.27
ADR(20)%3.55%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS36.19
Mansfield-1.06
10 Day High7.91
10 Day Low7.43
20 Day High7.91
20 Day Low6.75
52 Week High10.46
52 Week Low6.75
CS1 EndN/A
CR1 Start7.82
Volume & EV
DER(3)-2.39%
DER(5)-1.73%
Volume572
Volume Incr-50.45%
Vol(5)326.34K
Vol(50)546.88K