Stock Trend Analysis Report
Prepared for you on Friday, January 28, 2022.
Enthusiast Gaming Holdings Inc. (NASDAQ:EGLX)
Strong Downtrend (-100) - EGLX is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, EGLX continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid EGLX?
MarketClub looks at technical strength and momentum to determine if the timing is right for EGLX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for EGLX
The long-term trend has been DOWN since May 4th, 2021 at 7.72
The intermediate-term trend has been DOWN since Dec 10th, 2021 at 3.28
The short-term trend has been DOWN since Jan 14th, 2022 at 2.51
Smart Scan Analysis for EGLX
Based on our trend formula, EGLX is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||8.8799||52wk High Date||2021-04-21|
|52wk Low||1.95||52wk Low Date||2022-01-24|
|Average Volume||589,421||Shares Outstanding||103,109|