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Stock Trend Analysis Report
Prepared for you on Saturday, October 26, 2024.
HORIZONS ENHANCED CANADIAN O&G EQUITY COVERED CALL (TSE:ENCL)
Countertrend Up (+85) - ENCL is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid ENCL?
MarketClub looks at technical strength and momentum to determine if the timing is right for ENCL.
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 ENCL
The long-term trend has been UP since Oct 10th, 2024 at 20.840
The intermediate-term trend has been UP since Oct 1st, 2024 at 19.660
The short-term trend has been DOWN since Oct 23rd, 2024 at 20.075
Smart Scan Analysis for ENCL
Based on our trend formula, ENCL is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 20.20 | 20.37 | 20.17 | 20.34 | +0.18 |
| Prev. Close | Volume | Bid | Ask | Time |
| 20.34 | 124912 | 2024-10-25 15:58:45 |