Stock Trend Analysis Report
Prepared for you on Sunday, November 28, 2021.
Intertape Polymer Group Inc (TSE:ITP)
Countertrend Down (-85) - ITP is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid ITP?
MarketClub looks at technical strength and momentum to determine if the timing is right for ITP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ITP
The long-term trend has been DOWN since Jul 16th, 2021 at 27.07
The intermediate-term trend has been DOWN since Nov 12th, 2021 at 27.85
The short-term trend has been UP since Nov 26th, 2021 at 25.31
Smart Scan Analysis for ITP
Based on our trend formula, ITP is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||22.84||Year High Date||2018-01-12|
|Year Low||16.42||Year Low Date||2018-11-28|
|52wk High||22.84||52wk High Date||2018-01-12|
|52wk Low||16.42||52wk Low Date||2018-11-28|
|Year End Close||8||Average Volume||176,209|