Stock Trend Analysis Report
Prepared for you on Thursday, June 1, 2023.
ASCOT RESOURCES LTD (TSE:AOT)
Countertrend Down (-85) - AOT is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid AOT?
MarketClub looks at technical strength and momentum to determine if the timing is right for AOT.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for AOT
The long-term trend has been DOWN since May 18th, 2023 at 0.58
The intermediate-term trend has been DOWN since Apr 17th, 2023 at 0.64
The short-term trend has been UP since May 25th, 2023 at 0.59
Smart Scan Analysis for AOT
Based on our trend formula, AOT is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).