Stock Trend Analysis Report
Prepared for you on Monday, March 18, 2019.
Enbridge Inc (TSE:ENB)
Smart Scan Chart Analysis indicates that the downward trend for this market is at a crossroads and has possibly ended. Look for choppy trading conditions in the near term Trading Range Mode.
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 UP since Jan 8th, 2019 at 44.80
The intermediate term trend has been DOWN since Feb 14th, 2019 at 47.07
The short term trend has been DOWN since Mar 15th, 2019 at 48.87
Smart Scan Analysis for ENB
Based on a pre-defined weighted trend formula for chart analysis, ENB scored -50 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|