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Stock Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Source Energy Services Ltd (TSE:SHLE)
Sidelines Mode (+55) - SHLE 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 SHLE?
MarketClub looks at technical strength and momentum to determine if the timing is right for SHLE.
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 SHLE
The long-term trend has been UP since Nov 6th, 2023 at 7.15
The intermediate-term trend has been UP since Jan 2nd, 2024 at 6.25
The short-term trend has been DOWN since May 2nd, 2024 at 15.56
Smart Scan Analysis for SHLE
Based on our trend formula, SHLE is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 14.41 | 14.98 | 14.11 | 14.55 | +0.02 |
| Prev. Close | Volume | Bid | Ask | Time |
| 14.41 | 27649 | 2024-05-08 15:58:08 |
| Year High | 9.65 | Year High Date | 2018-01-09 |
| Year Low | 1.22 | Year Low Date | 2018-11-29 |
| 52wk High | 9.65 | 52wk High Date | 2018-01-09 |
| 52wk Low | 1.22 | 52wk Low Date | 2018-11-29 |
| Average Volume | 162,155 | Volatility | 65.55 |