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Stock Trend Analysis Report

Prepared for you on Sunday, May 26, 2024.

HORIZONS CANADIAN OIL AND GAS EQUITY COVERED CALL (TSE:ENCC)

Sidelines Mode (-50) - ENCC is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until ENCC can gain momentum.

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.

TSE_ENCC
Open High Low ENCC Price Change
11.51 11.53 11.40 11.51 +0.06
Entry Signal

MarketClub’s Trade Triangles for ENCC

long term up The long-term trend has been UP since Mar 4th, 2024 at 11.04

intermediate term down The intermediate-term trend has been DOWN since May 1st, 2024 at 11.35

short term down The short-term trend has been DOWN since May 22nd, 2024 at 11.49

Smart Scan Analysis for ENCC

Based on our trend formula, ENCC is rated as a -50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-50
Smart Scan Analysis for ENCC
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
11.51 11.53 11.40 11.51 +0.06
Prev. Close Volume Bid Ask Time
11.51 67739 2024-05-24 15:59:56
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