Stock Trend Analysis Report
Prepared for you on Wednesday, June 29, 2022.
Petroteq Energy Inc (CDNX:PQE)
Sidelines Mode (-55) - PQE 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 PQE?
MarketClub looks at technical strength and momentum to determine if the timing is right for PQE.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for PQE
The long-term trend has been DOWN since May 30th, 2022 at 0.340
The intermediate-term trend has been DOWN since May 30th, 2022 at 0.340
The short-term trend has been UP since Jun 22nd, 2022 at 0.235
Smart Scan Analysis for PQE
Based on our trend formula, PQE is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||2.1||Year High Date||2018-03-12|
|Year Low||0.57||Year Low Date||2018-11-27|
|52wk High||2.4||52wk High Date||2017-11-30|
|52wk Low||0.57||52wk Low Date||2018-11-27|