Stock Trend Analysis Report
Prepared for you on Monday, December 11, 2017.
CANOE EIT INCOME FUND (TSE:EIT.UN)
Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend 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 EIT.UN
The long term trend has been UP since Nov 7th, 2017 at 11.88
The intermediate term trend has been UP since Nov 7th, 2017 at 11.88
The short term trend has been DOWN since Dec 1st, 2017 at 11.71
Smart Scan Analysis for EIT.UN
Based on a pre-defined weighted trend formula for chart analysis, EIT.UN scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||12.18||Year High Date||2017-05-16|
|Year Low||11.01||Year Low Date||2017-08-24|
|52wk High||12.19||52wk High Date||2016-12-19|
|52wk Low||11.01||52wk Low Date||2017-08-24|
|Year End Close||12.36||Average Volume||92,770|