Stock Trend Analysis Report
Prepared for you on Sunday, June 26, 2022.
Petrox Resources Corp (CDNX:PTC)
Sidelines Mode (+55) - PTC 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 PTC?
MarketClub looks at technical strength and momentum to determine if the timing is right for PTC.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for PTC
The long-term trend has been UP since Mar 1st, 2022 at 0.020
The intermediate-term trend has been UP since May 26th, 2022 at 0.025
The short-term trend has been DOWN since Jun 13th, 2022 at 0.025
Smart Scan Analysis for PTC
Based on our trend formula, PTC is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).