Stock Trend Analysis Report
Prepared for you on Wednesday, June 7, 2023.
New Energy Metals Corp (CDNX:ENRG)
Strong Downtrend (-100) - ENRG is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, ENRG continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid ENRG?
MarketClub looks at technical strength and momentum to determine if the timing is right for ENRG.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ENRG
The long-term trend has been DOWN since May 9th, 2023 at 0.240
The intermediate-term trend has been DOWN since Mar 7th, 2023 at 0.385
The short-term trend has been DOWN since May 3rd, 2023 at 0.270
Smart Scan Analysis for ENRG
Based on our trend formula, ENRG is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||0.9||Year High Date||2018-04-16|
|Year Low||0.045||Year Low Date||2018-10-01|
|52wk High||0.9||52wk High Date||2018-04-16|
|52wk Low||0.045||52wk Low Date||2018-10-01|