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Stock Trend Analysis Report

Prepared for you on Wednesday, April 24, 2024.

ENGlobal Corporation (NASDAQ:ENG)

Weak Downtrend (-65) - ENG is showing signs of a strengthening downtrend. Monitor ENG as it may be building momentum to the downside.

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

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

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

NASDAQ_ENG
Open High Low ENG Price Change
1.6500 1.7248 1.6301 1.7248 +0.1048
Entry Signal

MarketClub’s Trade Triangles for ENG

long term down The long-term trend has been DOWN since Oct 18th, 2022 at 0.958901

intermediate term down The intermediate-term trend has been DOWN since Apr 18th, 2024 at 1.595500

short term up The short-term trend has been UP since Apr 22nd, 2024 at 1.780000

Smart Scan Analysis for ENG

Based on our trend formula, ENG is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for ENG
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.6500 1.7248 1.6301 1.7248 +0.1048
Prev. Close Volume Bid Ask Time
1.6200 549 2024-04-24 10:48:03
Year High1.47Year High Date2018-06-06
Year Low0.75Year Low Date2018-02-09
52wk High4.5652wk High Date2023-06-05
52wk Low1.0152wk Low Date2024-02-06
Year End Close0.51Average Volume8,482
Shares Outstanding5,157Short Interest55,593
% Institutional29.4Market Cap28M
Assets18,787,000MLiabilities20,342,000M
P/E Ratio-0.38930000Beta1.55
Volatility53.14
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