Technical Analysis for GMRE - Global Medical REIT Inc.

Grade Last Price % Change Price Change
grade A 14.83 -0.74% -0.11
GMRE closed up 1.01 percent on Thursday, January 23, 2020, on 41 percent of normal volume. The bulls were able to push the stock to a new 52-week high. Due to the stock's strong uptrend, it may remain overbought for a while. So, if you're looking for a reason to sell, don't put too much weight on it being overbought.

Trend Table & Recent Signals

ADX Long Term Intermediate Term Short Term
Strong Up Up Up
Historical GMRE trend table...

Date Alert Name Type % Chg
New 52 Week Closing High Bullish -0.74%
New 52 Week High Strength -0.74%
Upper Bollinger Band Walk Strength -0.74%
Overbought Stochastic Strength -0.74%
New 52 Week High Strength 0.27%
Upper Bollinger Band Walk Strength 0.27%
Outside Day Range Expansion 0.27%
Overbought Stochastic Strength 0.27%
Upper Bollinger Band Touch Strength 0.27%
New 52 Week Closing High Bullish -0.47%

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Profile

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.
Real Estate Investment Trust Real Estate Healthcare Healthcare Providers Healthcare Facilities Welltower Taxable Reit Subsidiaries Public Real Estate Investment Trust

Is GMRE a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 15.03
52 Week Low 9.36
Average Volume 535,122
200-Day Moving Average 11.51
50-Day Moving Average 13.45
20-Day Moving Average 13.72
10-Day Moving Average 14.28
Average True Range 0.36
ADX 36.37
+DI 34.78
-DI 7.00
Chandelier Exit (Long, 3 ATRs ) 13.96
Chandelier Exit (Short, 3 ATRs ) 13.88
Upper Bollinger Band 15.15
Lower Bollinger Band 12.29
Percent B (%b) 0.93
BandWidth 20.89
MACD Line 0.46
MACD Signal Line 0.30
MACD Histogram 0.1526
Fundamentals Value
Market Cap 323.16 Million
Num Shares 21.6 Million
EPS -5.85
Price-to-Earnings (P/E) Ratio -2.55
Price-to-Sales 0.00
Price-to-Book 0.00
PEG Ratio -26.28
Dividend 0.80
Dividend Yield 5.35%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 15.51
Resistance 3 (R3) 15.48 15.25 15.42
Resistance 2 (R2) 15.25 15.11 15.27 15.38
Resistance 1 (R1) 15.10 15.02 15.18 15.13 15.35
Pivot Point 14.87 14.87 14.91 14.89 14.87
Support 1 (S1) 14.72 14.73 14.80 14.75 14.53
Support 2 (S2) 14.49 14.64 14.51 14.50
Support 3 (S3) 14.34 14.49 14.47
Support 4 (S4) 14.37