Stock Trend Analysis Report
Prepared for you on Tuesday, August 16, 2022.
Highbank Resources Ltd (CDNX:HBK)
Sidelines Mode (+50) - HBK is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until HBK can gain momentum.
Is it time to buy, sell, or avoid HBK?
MarketClub looks at technical strength and momentum to determine if the timing is right for HBK.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for HBK
The long-term trend has been DOWN since Jun 17th, 2022 at 0.050
The intermediate-term trend has been UP since Aug 16th, 2022 at 0.050
The short-term trend has been UP since Jul 25th, 2022 at 0.045
Smart Scan Analysis for HBK
Based on our trend formula, HBK is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||0.055||Year High Date||2018-01-05|
|Year Low||0.015||Year Low Date||2018-11-19|
|52wk High||0.055||52wk High Date||2018-01-05|
|52wk Low||0.015||52wk Low Date||2017-12-08|
|Year End Close||0.06||Average Volume||30,087|