Stock Trend Analysis Report
Prepared for you on Friday, December 3, 2021.
Innergex Renewable Energy (TSE:INE)
Long-Term Downtrend (-90) - INE is in a strong downtrend that is likely to continue. While INE is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid INE?
MarketClub looks at technical strength and momentum to determine if the timing is right for INE.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for INE
The long-term trend has been DOWN since Mar 2nd, 2021 at 23.52
The intermediate-term trend has been DOWN since Nov 10th, 2021 at 19.83
The short-term trend has been DOWN since Dec 3rd, 2021 at 18.60
Smart Scan Analysis for INE
Based on our trend formula, INE is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||14.53||Year High Date||2018-01-08|
|Year Low||11.66||Year Low Date||2018-10-15|
|52wk High||14.74||52wk High Date||2017-12-08|
|52wk Low||11.66||52wk Low Date||2018-10-15|
|Year End Close||10.35||Average Volume||173,653|