Stock Trend Analysis Report
Prepared for you on Sunday, October 24, 2021.
ENTHUSIAST GAMING HOLDINGS INC (TSE:EGLX)
Long-Term Downtrend (-90) - EGLX is in a strong downtrend that is likely to continue. While EGLX 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 EGLX?
MarketClub looks at technical strength and momentum to determine if the timing is right for EGLX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for EGLX
The long-term trend has been DOWN since Jul 12th, 2021 at 6.35
The intermediate-term trend has been DOWN since Aug 20th, 2021 at 5.85
The short-term trend has been DOWN since Oct 19th, 2021 at 4.23
Smart Scan Analysis for EGLX
Based on our trend formula, EGLX is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).