Stock Trend Analysis Report
Prepared for you on Wednesday, November 13, 2019.
Emera Inc (TSE:EMA)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with money management stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for EMA
The long term trend has been DOWN since Nov 5th, 2019 at 53.90
The intermediate term trend has been DOWN since Oct 15th, 2019 at 57.30
The short term trend has been UP since Nov 13th, 2019 at 52.95
Smart Scan Analysis for EMA
Based on a pre-defined weighted trend formula for chart analysis, EMA scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||47.57||Year High Date||2018-01-02|
|Year Low||38.09||Year Low Date||2018-10-12|
|52wk High||49.48||52wk High Date||2017-12-06|
|52wk Low||38.09||52wk Low Date||2018-10-12|
|Year End Close||34.74||Average Volume||869,217|