Stock Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
HORIZONS ENHANCED CANADIAN O&G EQUITY COVERED CALL (TSE:ENCL)
Bull Market Weakness (+75) - ENCL is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on ENCL as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid ENCL?
MarketClub looks at technical strength and momentum to determine if the timing is right for ENCL.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for ENCL
The long-term trend has been UP since Mar 4th, 2024 at 19.83
The intermediate-term trend has been DOWN since May 1st, 2024 at 20.40
The short-term trend has been UP since May 6th, 2024 at 20.54
Smart Scan Analysis for ENCL
Based on our trend formula, ENCL is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
20.97 | 21.06 | 20.97 | 20.98 | +0.04 |
Prev. Close | Volume | Bid | Ask | Time |
20.94 | 2420 | 2024-05-09 09:41:57 |