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Stock Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
East West Petroleum Corp (CDNX:EW)
Sidelines Mode (+55) - EW is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid EW?
MarketClub looks at technical strength and momentum to determine if the timing is right for EW.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for EW
The long-term trend has been UP since Apr 9th, 2024 at 0.065
The intermediate-term trend has been UP since Mar 22nd, 2024 at 0.055
The short-term trend has been DOWN since Jul 12th, 2024 at 0.085
Smart Scan Analysis for EW
Based on our trend formula, EW is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.070 | 0.070 | 0.070 | 0.070 | +0.005 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.065 | 9000 | 2024-07-26 13:14:32 |