Stock Trend Analysis Report
Prepared for you on Tuesday, March 21, 2023.
Enlight Renewable Energy Ltd. (NASDAQ:ENLT)
Long-Term Downtrend (-90) - ENLT is in a strong downtrend that is likely to continue. While ENLT 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 ENLT?
MarketClub looks at technical strength and momentum to determine if the timing is right for ENLT.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ENLT
The long-term trend has been DOWN since Feb 21st, 2023 at 17.515
The intermediate-term trend has been DOWN since Feb 21st, 2023 at 17.515
The short-term trend has been DOWN since Mar 16th, 2023 at 16.790
Smart Scan Analysis for ENLT
Based on our trend formula, ENLT is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||18.49||52wk High Date||2023-02-16|
|52wk Low||1.96||52wk Low Date||2022-05-09|