Stock Trend Analysis Report
Prepared for you on Monday, October 18, 2021.
ENGINEER GOLD MINES LTD (NASDAQ:EGMLF)
Sidelines Mode (+50) - EGMLF is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until EGMLF can gain momentum.
Is it time to buy, sell, or avoid EGMLF?
MarketClub looks at technical strength and momentum to determine if the timing is right for EGMLF.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for EGMLF
The long-term trend has been DOWN since Jul 9th, 2021 at 0.052700
The intermediate-term trend has been UP since Oct 13th, 2021 at 0.025500
The short-term trend has been UP since Oct 14th, 2021 at 0.025535
Smart Scan Analysis for EGMLF
Based on our trend formula, EGMLF is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).