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Stock Trend Analysis Report

Prepared for you on Wednesday, November 20, 2024.

EVOLVE CANADIAN BANKS AND LIFECOS ENHANCED YIELD I (TSE:BANK)

Countertrend Up (+85) - BANK is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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

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

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

TSE_BANK
Open High Low BANK Price Change
8.210 8.265 8.150 8.265 +0.035
Entry Signal

MarketClub’s Trade Triangles for BANK

long term up The long-term trend has been UP since Aug 29th, 2024 at 7.49

intermediate term up The intermediate-term trend has been UP since Nov 6th, 2024 at 8.06

short term down The short-term trend has been DOWN since Nov 19th, 2024 at 8.17

Smart Scan Analysis for BANK

Based on our trend formula, BANK is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for BANK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
8.210 8.265 8.150 8.265 +0.035
Prev. Close Volume Bid Ask Time
8.270 122029 2024-11-19 15:59:29
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