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Stock Trend Analysis Report

Prepared for you on Wednesday, May 8, 2024.

Hemlo Explorers Inc. (CDNX:HMLO)

Long-Term Downtrend (-90) - HMLO is in a strong downtrend that is likely to continue. While HMLO is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid HMLO?

MarketClub looks at technical strength and momentum to determine if the timing is right for HMLO.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

CDNX_HMLO
Open High Low HMLO Price Change
0.045 0.045 0.045 0.045 +0.005
Entry Signal

MarketClub’s Trade Triangles for HMLO

long term down The long-term trend has been DOWN since Sep 8th, 2023 at 0.070

intermediate term down The intermediate-term trend has been DOWN since May 1st, 2024 at 0.045

short term down The short-term trend has been DOWN since Apr 19th, 2024 at 0.050

Smart Scan Analysis for HMLO

Based on our trend formula, HMLO is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for HMLO
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.045 0.045 0.045 0.045 +0.005
Prev. Close Volume Bid Ask Time
0.045 16000 2024-05-06 14:59:29
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