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Stock Trend Analysis Report

Prepared for you on Saturday, May 18, 2024.

Enlight Renewable Energy Ltd. (NASDAQ:ENLT)

Long-Term Uptrend (+90) - ENLT is in a strong uptrend that is likely to continue. While ENLT is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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.

NASDAQ_ENLT
Open High Low ENLT Price Change
18.34 18.38 18.34 18.34 -0.11
Entry Signal

MarketClub’s Trade Triangles for ENLT

long term up The long-term trend has been UP since May 9th, 2024 at 18.2200

intermediate term up The intermediate-term trend has been UP since May 2nd, 2024 at 17.0800

short term up The short-term trend has been UP since Apr 29th, 2024 at 16.2492

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).

+90
Smart Scan Analysis for ENLT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
18.34 18.38 18.34 18.34 -0.11
Prev. Close Volume Bid Ask Time
18.32 1362 2024-05-17 13:42:03
52wk High20.4452wk High Date2023-06-13
52wk Low12.1152wk Low Date2023-10-26
Average Volume26,628Assets463,392,100M
Liabilities346,516,200MP/E Ratio32.3684
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