Stock Trend Analysis Report
Prepared for you on Tuesday, August 16, 2022.
Enthusiast Gaming Holdings Inc. (NASDAQ:EGLX)
Crossroads (+60) - EGLX is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid EGLX?
MarketClub looks at technical strength and momentum to determine if the timing is right for EGLX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for EGLX
The long-term trend has been DOWN since May 4th, 2021 at 7.72
The intermediate-term trend has been UP since Aug 8th, 2022 at 2.00
The short-term trend has been UP since Aug 15th, 2022 at 2.00
Smart Scan Analysis for EGLX
Based on our trend formula, EGLX is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||5.07||52wk High Date||2021-08-18|
|52wk Low||1.55||52wk Low Date||2022-07-29|
|Average Volume||188,020||Shares Outstanding||103,109|