Stock Trend Analysis Report
Prepared for you on Thursday, November 23, 2017.
ENBRIDGE INC (TSE:ENB)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.
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 ENB
The long term trend has been DOWN since Mar 21st, 2017 at 54.00
The intermediate term trend has been DOWN since Oct 18th, 2017 at 50.38
The short term trend has been UP since Nov 20th, 2017 at 44.87
Smart Scan Analysis for ENB
Based on a pre-defined weighted trend formula for chart analysis, ENB scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||58.28||Year High Date||2017-01-26|
|Year Low||43.91||Year Low Date||2017-11-16|
|52wk High||58.56||52wk High Date||2016-11-22|
|52wk Low||43.91||52wk Low Date||2017-11-16|
|Year End Close||43.02||Average Volume||3,191,182|