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Stock Trend Analysis Report

Prepared for you on Monday, January 30, 2023.

Innergex Renewable Energy (TSE:INE)

Long-Term Downtrend (-90) - INE is in a strong downtrend that is likely to continue. While INE 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 INE?

MarketClub looks at technical strength and momentum to determine if the timing is right for INE.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

Open High Low INE Price Change
15.56 15.79 15.54 15.67 +0.02
Entry Signal

MarketClub’s Trade Triangles for INE

long term down The long-term trend has been DOWN since Oct 5th, 2022 at 17.12

intermediate term down The intermediate-term trend has been DOWN since Dec 28th, 2022 at 16.18

short term down The short-term trend has been DOWN since Jan 18th, 2023 at 16.13

Smart Scan Analysis for INE

Based on our trend formula, INE is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Smart Scan Analysis for INE
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
15.56 15.79 15.54 15.67 +0.02
Prev. Close Volume Bid Ask Time
15.61 315552 2023-01-30 15:59:46
Year High14.53Year High Date2018-01-08
Year Low11.66Year Low Date2018-10-15
52wk High14.7452wk High Date2017-12-08
52wk Low11.6652wk Low Date2018-10-15
Year End Close10.35Average Volume173,653
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