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GLVT
Stock ticker: OTC
AS OF
Dec 17 closing price
Price
$0.90
Change
-$0.13 (-12.62%)

GLVT Greenlit Ventures Inc. Forecast, Technical & Fundamental Analysis

GLVT
Daily Signalchanged days ago
Gain/Loss if bought
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A.I.Advisor
a Summary for GLVT with price predictions
Dec 17, 2024

GLVT's Stochastic Oscillator stays in overbought zone for 1 day

Expect a price pull-back in the near future.

Price Prediction Chart

Technical Analysis (Indicators)

Bearish Trend Analysis

The Momentum Indicator moved below the 0 level on December 09, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on GLVT as a result. In of 42 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .

GLVT moved below its 50-day moving average on November 11, 2024 date and that indicates a change from an upward trend to a downward trend.

The 10-day moving average for GLVT crossed bearishly below the 50-day moving average on November 11, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In of 10 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are .

The Aroon Indicator for GLVT entered a downward trend on December 16, 2024. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.

Bullish Trend Analysis

The RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where GLVT's RSI Indicator exited the oversold zone, of 14 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

The Moving Average Convergence Divergence (MACD) for GLVT just turned positive on December 13, 2024. Looking at past instances where GLVT's MACD turned positive, the stock continued to rise in of 23 cases over the following month. The odds of a continued upward trend are .

The 50-day moving average for GLVT moved above the 200-day moving average on November 11, 2024. This could be a long-term bullish signal for the stock as the stock shifts to an upward trend.

Fundamental Analysis (Ratings)

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is fair valued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (0.000) is normal, around the industry mean (27.465). P/E Ratio (0.000) is within average values for comparable stocks, (88.791). GLVT's Projected Growth (PEG Ratio) (0.000) is slightly lower than the industry average of (1.729). Dividend Yield (0.000) settles around the average of (0.038) among similar stocks. P/S Ratio (0.000) is also within normal values, averaging (11.833).

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating fairly steady price growth. GLVT’s price grows at a lower rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to worse than average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating weak sales and an unprofitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating that the returns do not compensate for the risks. GLVT’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 79, placing this stock worse than average.

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GLVT
Daily Signalchanged days ago
Gain/Loss if bought
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GLVT and Stocks

Correlation & Price change

A.I.dvisor tells us that GLVT and CRWE have been poorly correlated (+25% of the time) for the last year. This A.I.-generated data suggests there is low statistical probability that GLVT and CRWE's prices will move in lockstep.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To GLVT
1D Price
Change %
GLVT100%
-12.62%
CRWE - GLVT
25%
Poorly correlated
-2.97%
AERT - GLVT
5%
Poorly correlated
-2.40%
GLAI - GLVT
-1%
Poorly correlated
N/A
GECSF - GLVT
-3%
Poorly correlated
+4.75%
PMEC - GLVT
-4%
Poorly correlated
-7.42%
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