Stock Trend Analysis Report
Prepared for you on Tuesday, October 19, 2021.
I3 ENERGY PLC (TSE:ITE)
Sidelines Mode (+55) - ITE is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid ITE?
MarketClub looks at technical strength and momentum to determine if the timing is right for ITE.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ITE
The long-term trend has been UP since Feb 23rd, 2021 at 0.15
The intermediate-term trend has been UP since Aug 24th, 2021 at 0.20
The short-term trend has been DOWN since Oct 6th, 2021 at 0.23
Smart Scan Analysis for ITE
Based on our trend formula, ITE is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).