Stock Trend Analysis Report
Prepared for you on Tuesday, January 15, 2019.
Enthusiast Gaming Holdings Inc (CDNX:EGLX)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight money management stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for EGLX
The long term trend has been DOWN since Dec 18th, 2018 at 0.74
The intermediate term trend has been UP since Dec 31st, 2018 at 1.00
The short term trend has been DOWN since Jan 8th, 2019 at 0.95
Smart Scan Analysis for EGLX
Based on a pre-defined weighted trend formula for chart analysis, EGLX scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||1.69||Year High Date||2018-10-17|
|Year Low||0.74||Year Low Date||2018-10-10|
|52wk High||1.69||52wk High Date||2018-10-17|
|52wk Low||0.525||52wk Low Date||2017-12-29|