Gold Resource (GORO, $0.4) entered Downtrend as Momentum indicator drops below 0 level on Mar 27, 2024

A.I.dvisor
at Tickeron.com
03/28/24
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GORO - Gold Resource Corp
Momentum signal
Bearish Trend
Odds of DOWN Trend
Momentum signal
Price: $0.4011
Daily change: +$0.0485 (+13.75%)
Daily volume: 959.8K
Capitalization: $35.6M
Industry: Precious Metals
This indicator may be signaling that GORO's price has further to drop, since it fell below its price logged 14 days ago. Traders may consider selling the stock, shorting the stock, or exploring put options. A.I.dvisor backtested 90 similar cases where GORO's Momentum Indicator fell below the 0 level, and of them led to a successful outcome. Odds of Success:
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GORODaily Signal changed days agoGain/Loss if shorted
 
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an explorer of gold and silver

Industry PreciousMetals

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Industry
Precious Metals
Address
7900 East Union Avenue
Phone
+1 303 320-7708
Employees
565
Web
https://www.goldresourcecorp.com