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Stock Trend Analysis Report

Prepared for you on Friday, December 8, 2023.

iShares S&P Tsx Capped Energy (TSE:XEG)

Long-Term Downtrend (-90) - XEG is in a strong downtrend that is likely to continue. While XEG is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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

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

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

TSE_XEG
Open High Low XEG Price Change
15.44 15.46 15.37 15.43 +0.13
Entry Signal

MarketClub’s Trade Triangles for XEG

long term down The long-term trend has been DOWN since Dec 6th, 2023 at 15.96

intermediate term down The intermediate-term trend has been DOWN since Nov 7th, 2023 at 16.79

short term down The short-term trend has been DOWN since Dec 4th, 2023 at 16.23

Smart Scan Analysis for XEG

Based on our trend formula, XEG is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for XEG
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
15.44 15.46 15.37 15.43 +0.13
Prev. Close Volume Bid Ask Time
15.30 46899 2023-12-08 09:34:46
Year High13.57Year High Date2018-05-22
Year Low9.3Year Low Date2018-11-28
52wk High13.5752wk High Date2018-05-22
52wk Low9.352wk Low Date2018-11-28
Year End Close15.61Average Volume1,080,494
Volatility28.36
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