Stock Trend Analysis Report
Prepared for you on Tuesday, November 28, 2023.
STRATHCONA RESOURCES LTD (TSE:SCR)
Countertrend Down (-85) - SCR 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 SCR?
MarketClub looks at technical strength and momentum to determine if the timing is right for SCR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SCR
The long-term trend has been DOWN since Oct 10th, 2023 at 29.52
The intermediate-term trend has been DOWN since Oct 10th, 2023 at 29.52
The short-term trend has been UP since Nov 27th, 2023 at 23.39
Smart Scan Analysis for SCR
Based on our trend formula, SCR is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).