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Stock Trend Analysis Report

Prepared for you on Thursday, May 9, 2024.

Boralex Ind (TSE:BLX)

Sidelines Mode (+55) - BLX 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 BLX?

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

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

TSE_BLX
Open High Low BLX Price Change
29.43 29.84 28.83 29.47 -0.13
Entry Signal

MarketClub’s Trade Triangles for BLX

long term down The long-term trend has been DOWN since Mar 4th, 2024 at 28.49

intermediate term up The intermediate-term trend has been UP since May 1st, 2024 at 28.64

short term down The short-term trend has been DOWN since May 8th, 2024 at 29.12

Smart Scan Analysis for BLX

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

+55
Smart Scan Analysis for BLX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
29.43 29.84 28.83 29.47 -0.13
Prev. Close Volume Bid Ask Time
29.49 249954 2024-05-08 15:59:34
Year High25.03Year High Date2018-01-22
Year Low16.31Year Low Date2018-11-09
52wk High25.0352wk High Date2018-01-22
52wk Low16.3152wk Low Date2018-11-09
Year End Close9.17Average Volume177,131
Volatility36.1Payment Date2019-06-17
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