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Stock Trend Analysis Report

Prepared for you on Saturday, April 20, 2024.

EVOLVE CANADIAN BANKS AND LIFECOS ENHANCED YIELD I (TSE:BANK)

Sidelines Mode (+55) - BANK is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid BANK?

MarketClub looks at technical strength and momentum to determine if the timing is right for BANK.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

TSE_BANK
Open High Low BANK Price Change
7.17 7.20 7.11 7.17 +0.04
Entry Signal

MarketClub’s Trade Triangles for BANK

long term up The long-term trend has been UP since Dec 27th, 2023 at 7.49

intermediate term down The intermediate-term trend has been DOWN since Apr 4th, 2024 at 7.42

short term up The short-term trend has been UP since Apr 19th, 2024 at 7.18

Smart Scan Analysis for BANK

Based on our trend formula, BANK is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for BANK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7.17 7.20 7.11 7.17 +0.04
Prev. Close Volume Bid Ask Time
7.18 114121 2024-04-19 15:55:00
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