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Stock Trend Analysis Report
Prepared for you on Wednesday, May 8, 2024.
EVOLVE CANADIAN BANKS AND LIFECOS ENHANCED YIELD I (TSE:BANK)
Long-Term Uptrend (+90) - BANK is in a strong uptrend that is likely to continue. While BANK 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 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.
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MarketClub’s Trade Triangles for BANK
The long-term trend has been UP since Dec 27th, 2023 at 7.49
The intermediate-term trend has been UP since May 7th, 2024 at 7.32
The short-term trend has been UP since May 3rd, 2024 at 7.18
Smart Scan Analysis for BANK
Based on our trend formula, BANK is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 7.34 | 7.34 | 7.28 | 7.28 | -0.01 |
| Prev. Close | Volume | Bid | Ask | Time |
| 7.29 | 69507 | 2024-05-07 15:59:49 |