Stock Trend Analysis Report
Prepared for you on Wednesday, April 24, 2024.
HORIZONS EQUAL WEIGHT CANADA BANKS INDEX ETF (TSE:HEWB)
Sidelines Mode (+55) - HEWB is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid HEWB?
MarketClub looks at technical strength and momentum to determine if the timing is right for HEWB.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
MarketClub’s Trade Triangles for HEWB
The long-term trend has been UP since Dec 6th, 2023 at 28.78
The intermediate-term trend has been DOWN since Apr 15th, 2024 at 31.99
The short-term trend has been UP since Apr 19th, 2024 at 31.78
Smart Scan Analysis for HEWB
Based on our trend formula, HEWB is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
31.99 | 32.04 | 31.93 | 32.02 | +0.13 |
Prev. Close | Volume | Bid | Ask | Time |
32.02 | 4000 | 2024-04-23 15:50:04 |