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Stock Trend Analysis Report
Prepared for you on Thursday, December 26, 2024.
HORIZONS CANADIAN OIL AND GAS EQUITY COVERED CALL (TSE:ENCC)
Bear Market Rally (-75) - ENCC is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on ENCC as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid ENCC?
MarketClub looks at technical strength and momentum to determine if the timing is right for ENCC.
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 ENCC
The long-term trend has been DOWN since Dec 19th, 2024 at 10.45
The intermediate-term trend has been DOWN since Dec 4th, 2024 at 11.07
The short-term trend has been UP since Dec 24th, 2024 at 10.61
Smart Scan Analysis for ENCC
Based on our trend formula, ENCC is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 10.62 | 10.70 | 10.59 | 10.68 | +0.08 |
| Prev. Close | Volume | Bid | Ask | Time |
| 10.68 | 36768 | 2024-12-24 12:34:35 |