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Stock Trend Analysis Report

Prepared for you on Thursday, May 23, 2024.

ENTHUSIAST GAMING HOLDINGS INC (TSE:EGLX)

Countertrend Down (-85) - EGLX 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 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.

TSE_EGLX
Open High Low EGLX Price Change
0.145 0.160 0.140 0.140 -0.005
Entry Signal

MarketClub’s Trade Triangles for EGLX

long term down The long-term trend has been DOWN since Aug 28th, 2023 at 0.540

intermediate term down The intermediate-term trend has been DOWN since Mar 25th, 2024 at 0.175

short term up The short-term trend has been UP since May 23rd, 2024 at 0.155

Smart Scan Analysis for EGLX

Based on our trend formula, EGLX is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for EGLX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.145 0.160 0.140 0.140 -0.005
Prev. Close Volume Bid Ask Time
0.145 138092 2024-05-23 11:57:48
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