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Stock Trend Analysis Report

Prepared for you on Thursday, May 9, 2024.

New Energy Metals Corp (CDNX:ENRG)

Countertrend Down (-85) - ENRG is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

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

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

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

CDNX_ENRG
Open High Low ENRG Price Change
0.105 0.105 0.105 0.105 -0.040
Entry Signal

MarketClub’s Trade Triangles for ENRG

long term down The long-term trend has been DOWN since May 9th, 2023 at 0.240

intermediate term down The intermediate-term trend has been DOWN since Apr 17th, 2024 at 0.160

short term up The short-term trend has been UP since Apr 26th, 2024 at 0.125

Smart Scan Analysis for ENRG

Based on our trend formula, ENRG is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for ENRG
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.105 0.105 0.105 0.105 -0.040
Prev. Close Volume Bid Ask Time
0.125 5000 2024-05-07 10:08:39
Year High0.9Year High Date2018-04-16
Year Low0.045Year Low Date2018-10-01
52wk High0.952wk High Date2018-04-16
52wk Low0.04552wk Low Date2018-10-01
Average Volume282,706Volatility211.63
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