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Stock Trend Analysis Report

Prepared for you on Tuesday, October 22, 2024.

STRATHCONA RESOURCES LTD (TSE:SCR)

Bull Market Weakness (+75) - SCR is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SCR as it may be in the beginning stages of a reversal.

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.

TSE_SCR
Open High Low SCR Price Change
27.74 28.35 27.64 28.29 +0.55
Entry Signal

MarketClub’s Trade Triangles for SCR

long term down The long-term trend has been DOWN since Aug 2nd, 2024 at 30.01

intermediate term up The intermediate-term trend has been UP since Oct 7th, 2024 at 28.55

short term up The short-term trend has been UP since Oct 21st, 2024 at 27.18

Smart Scan Analysis for SCR

Based on our trend formula, SCR is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for SCR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
27.74 28.35 27.64 28.29 +0.55
Prev. Close Volume Bid Ask Time
27.74 19166 2024-10-22 15:25:02
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