Stock Trend Analysis Report
Prepared for you on Wednesday, October 17, 2018.
ENERFLEX LTD (TSE:EFX)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with 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 EFX
The long term trend has been UP since Aug 10th, 2018 at 16.05
The intermediate term trend has been UP since Sep 24th, 2018 at 15.88
The short term trend has been DOWN since Oct 10th, 2018 at 16.84
Smart Scan Analysis for EFX
Based on a pre-defined weighted trend formula for chart analysis, EFX scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||17.24||Year High Date||2018-10-09|
|Year Low||13.55||Year Low Date||2018-06-21|
|52wk High||18.38||52wk High Date||2017-10-16|
|52wk Low||13.55||52wk Low Date||2018-06-21|
|Year End Close||11.98||Average Volume||197,880|