Stock Trend Analysis Report
Prepared for you on Sunday, May 28, 2023.
INNERGEX RENEWABLE ENERGY INC 4.65% DEBS (TSE:INE.DB.C)
Bear Market Rally (-75) - INE.DB.C is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on INE.DB.C as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid INE.DB.C?
MarketClub looks at technical strength and momentum to determine if the timing is right for INE.DB.C.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for INE.DB.C
The long-term trend has been DOWN since May 5th, 2022 at 102.17
The intermediate-term trend has been UP since May 18th, 2023 at 95.01
The short-term trend has been DOWN since May 25th, 2023 at 94.25
Smart Scan Analysis for INE.DB.C
Based on our trend formula, INE.DB.C is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).