Stock Trend Analysis Report
Prepared for you on Saturday, September 21, 2019.
Enbridge Inc (TSE:ENB)
Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight 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 ENB
The long term trend has been DOWN since Jun 11th, 2019 at 46.39
The intermediate term trend has been UP since Sep 9th, 2019 at 45.36
The short term trend has been UP since Aug 29th, 2019 at 44.25
Smart Scan Analysis for ENB
Based on a pre-defined weighted trend formula for chart analysis, ENB scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||51.04||Year High Date||2018-01-05|
|Year Low||37.36||Year Low Date||2018-04-25|
|52wk High||51.04||52wk High Date||2018-01-05|
|52wk Low||37.36||52wk Low Date||2018-04-25|
|Year End Close||43.02||Average Volume||4,567,943|