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Stock Trend Analysis Report

Prepared for you on Tuesday, April 16, 2024.

New Energy Metals Corp (CDNX:ENRG)

Bear Market Rally (-75) - ENRG is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on ENRG as it may be in the beginning of a reversal.

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.

CDNX_ENRG
Open High Low ENRG Price Change
0.185 0.185 0.165 0.175 +0.005
Entry Signal

MarketClub’s Trade Triangles for ENRG

long term down The long-term trend has been DOWN since May 9th, 2023 at 0.24

intermediate term up The intermediate-term trend has been UP since Mar 25th, 2024 at 0.15

short term down The short-term trend has been DOWN since Apr 15th, 2024 at 0.18

Smart Scan Analysis for ENRG

Based on our trend formula, ENRG is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for ENRG
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.185 0.185 0.165 0.175 +0.005
Prev. Close Volume Bid Ask Time
0.170 6807 2024-04-16 10:24:59
Year High0.9Year High Date2018-04-16
Year Low0.045Year Low Date2018-10-01
52wk High0.952wk High Date2018-04-16
52wk Low0.04552wk Low Date2018-10-01
Average Volume282,706Volatility211.63
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