Index Trend Analysis Report
Prepared for you on Sunday, July 5, 2020.
StrataQuant Energy Index CAD (GIF:STQENCD)
Sidelines Mode (-55) - STQENCD is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid STQENCD?
MarketClub looks at technical strength and momentum to determine if the timing is right for STQENCD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for STQENCD
The long-term trend has been UP since Jun 4th, 2020 at 1146.34
The intermediate-term trend has been DOWN since Jun 25th, 2020 at 1019.78
The short-term trend has been UP since Jul 1st, 2020 at 1051.18
Smart Scan Analysis for STQENCD
Based on our trend formula, STQENCD is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).