Stock Trend Analysis Report
Prepared for you on Tuesday, May 18, 2021.
PIERIDAE ENERGY LIMITED (TSE:PEA)
Countertrend Down (-85) - PEA is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid PEA?
MarketClub looks at technical strength and momentum to determine if the timing is right for PEA.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for PEA
The long-term trend has been DOWN since Apr 5th, 2021 at 0.425
The intermediate-term trend has been DOWN since Mar 25th, 2021 at 0.490
The short-term trend has been UP since May 13th, 2021 at 0.420
Smart Scan Analysis for PEA
Based on our trend formula, PEA is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).