Free Daily Analysis

Stock Trend Analysis Report

Prepared for you on Thursday, May 9, 2024.

Awale Resources Ltd (CDNX:ARIC)

Sidelines Mode (-55) - ARIC is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid ARIC?

MarketClub looks at technical strength and momentum to determine if the timing is right for ARIC.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

CDNX_ARIC
Open High Low ARIC Price Change
0.69 0.70 0.65 0.66 -0.03
Entry Signal

MarketClub’s Trade Triangles for ARIC

long term up The long-term trend has been UP since Jun 8th, 2023 at 0.14

intermediate term down The intermediate-term trend has been DOWN since Apr 17th, 2024 at 0.72

short term up The short-term trend has been UP since May 6th, 2024 at 0.62

Smart Scan Analysis for ARIC

Based on our trend formula, ARIC is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for ARIC
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.69 0.70 0.65 0.66 -0.03
Prev. Close Volume Bid Ask Time
0.66 344200 2024-05-08 15:58:27
Year High0.475Year High Date2018-01-22
Year Low0.08Year Low Date2018-06-19
52wk High0.47552wk High Date2018-01-22
52wk Low0.0852wk Low Date2018-06-19
Average Volume1,000Volatility226.18
Get a free daily analysis and signals for Awale Resources Ltd (ARIC) - Request Your Free Report.