Free Daily Analysis

Stock Trend Analysis Report

Prepared for you on Wednesday, May 8, 2024.

HAMILTON ENHANCED UTILITIES ETF (TSE:UMAX)

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

Is it time to buy, sell, or avoid UMAX?

MarketClub looks at technical strength and momentum to determine if the timing is right for UMAX.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

TSE_UMAX
Open High Low UMAX Price Change
14.540 14.650 14.520 14.640 +0.115
Entry Signal

MarketClub’s Trade Triangles for UMAX

long term down The long-term trend has been DOWN since Apr 1st, 2024 at 14.70

intermediate term up The intermediate-term trend has been UP since May 7th, 2024 at 14.55

short term up The short-term trend has been UP since May 2nd, 2024 at 14.21

Smart Scan Analysis for UMAX

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

+70
Smart Scan Analysis for UMAX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
14.540 14.650 14.520 14.640 +0.115
Prev. Close Volume Bid Ask Time
14.525 94630 2024-05-08 15:04:39
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