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Stock Trend Analysis Report

Prepared for you on Monday, June 24, 2024.

Enlight Renewable Energy Ltd. (NASDAQ:ENLT)

Crossroads (-60) - ENLT is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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

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

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

Open High Low ENLT Price Change
16.21 16.28 16.10 16.16 -0.18
Entry Signal

MarketClub’s Trade Triangles for ENLT

long term up The long-term trend has been UP since May 9th, 2024 at 18.22

intermediate term down The intermediate-term trend has been DOWN since May 29th, 2024 at 17.11

short term down The short-term trend has been DOWN since Jun 14th, 2024 at 16.85

Smart Scan Analysis for ENLT

Based on our trend formula, ENLT is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Smart Scan Analysis for ENLT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
16.21 16.28 16.10 16.16 -0.18
Prev. Close Volume Bid Ask Time
16.25 4340 2024-06-21 15:57:45
52wk High20.352wk High Date2023-07-19
52wk Low12.1152wk Low Date2023-10-26
Average Volume12,608Assets463,392,100M
Liabilities346,516,200MP/E Ratio28.6667
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