Technical Analysis for GMRE - Global Medical REIT Inc.
| Grade | Last Price | % Change | Price Change |
|---|---|---|---|
| D | 8.47 | -0.12% | -0.01 |
GMRE closed down 0.12 percent on Tuesday, May 7, 2024, on 86 percent of normal volume. It was able to find support at its 50 day moving average. The price action carved out a bearish shooting star candlestick pattern. That may indicate a downside reversal. Look for price to trade beneath the low of the shooting star for confirmation. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or a pulls back.
| ADX | Long Term | Intermediate Term | Short Term |
|---|---|---|---|
| Weak or Absent | Down | Flat | Up |
| Date | Alert Name | Type | % Chg |
|---|---|---|---|
| Shooting Star Candlestick | Bearish | 0.00% | |
| 50 DMA Support | Bullish | 0.00% | |
| Bollinger Band Squeeze | Range Contraction | 0.00% | |
| Earnings Movers | Other | 0.00% | |
| BB Squeeze + Upper Band Touch | Range Contraction | 0.00% | |
| Overbought Stochastic | Strength | 0.00% | |
| Upper Bollinger Band Touch | Strength | 0.00% | |
| Crossed Above 50 DMA | Bullish | -0.12% | |
| Bollinger Band Squeeze | Range Contraction | -0.12% | |
| Stochastic Reached Overbought | Strength | -0.12% |
| Alert | Time |
|---|---|
| 50 DMA Support | about 13 hours ago |
| 60 Minute Opening Range Breakdown | about 13 hours ago |
| Possible NR7 | about 13 hours ago |
| Upper Bollinger Band Resistance | about 14 hours ago |
| Rose Above Previous Day's High | about 17 hours ago |
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Basic chart:
- Earnings date: 05/07/2024
Global Medical REIT Inc. is a Maryland corporation engaged primarily in the acquisition of licensed, state-of-the-art, purpose-built healthcare facilities and the leasing of these facilities to strong clinical operators with leading market share. The Company's management team has significant healthcare, real estate and public real estate investment trust, or REIT, experience and has long-established relationships with a wide range of healthcare providers. The Company elected to be taxed as a REIT for U.S. federal income tax purposes commencing with its taxable year ending December 31, 2016.
Sector: Real Estate
Industry: REIT - Healthcare Facilities
Keywords: Real Estate Investment Trust Healthcare Providers Healthcare Facilities Taxable Reit Subsidiaries
Classification
Sector: Real Estate
Industry: REIT - Healthcare Facilities
Keywords: Real Estate Investment Trust Healthcare Providers Healthcare Facilities Taxable Reit Subsidiaries
| Indicator | Bull Case | Neutral / Hold | Bear Case |
|---|---|---|---|
| 50 DMA | |||
| 200 DMA | |||
| ADX Trend | |||
| Oversold / Overbought | |||
| Relative Strength |
| Indicator | Value |
|---|---|
| 52 Week High | 11.1902 |
| 52 Week Low | 7.3832 |
| Average Volume | 430,213 |
| 200-Day Moving Average | 9.12 |
| 50-Day Moving Average | 8.46 |
| 20-Day Moving Average | 8.22 |
| 10-Day Moving Average | 8.26 |
| Average True Range | 0.18 |
| RSI (14) | 55.16 |
| ADX | 19.56 |
| +DI | 25.17 |
| -DI | 16.39 |
| Chandelier Exit (Long, 3 ATRs) | 8.15 |
| Chandelier Exit (Short, 3 ATRs) | 8.51 |
| Upper Bollinger Bands | 8.48 |
| Lower Bollinger Band | 7.95 |
| Percent B (%b) | 0.98 |
| BandWidth | 6.42 |
| MACD Line | -0.04 |
| MACD Signal Line | -0.10 |
| MACD Histogram | 0.0606 |
| Pivot Point Level | Traditional / Classic | Fibonacci | Demark | Woodie | Camarilla |
|---|---|---|---|---|---|
| Resistance 4 (R4) | 8.67 | ||||
| Resistance 3 (R3) | 8.68 | 8.64 | 8.63 | ||
| Resistance 2 (R2) | 8.64 | 8.59 | 8.63 | 8.62 | |
| Resistance 1 (R1) | 8.55 | 8.56 | 8.53 | 8.54 | 8.61 |
| Pivot Point | 8.51 | 8.51 | 8.50 | 8.50 | 8.51 |
| Support 1 (S1) | 8.42 | 8.46 | 8.40 | 8.41 | 8.33 |
| Support 2 (S2) | 8.38 | 8.43 | 8.37 | 8.32 | |
| Support 3 (S3) | 8.29 | 8.38 | 8.31 | ||
| Support 4 (S4) | 8.28 |
