Stock Trend Analysis Report
Prepared for you on Sunday, December 3, 2023.
AUXLY CANNABIS GROUP INC (TSE:XLY)
Countertrend Down (-85) - XLY 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 XLY?
MarketClub looks at technical strength and momentum to determine if the timing is right for XLY.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for XLY
The long-term trend has been DOWN since Dec 3rd, 2021 at 0.205
The intermediate-term trend has been DOWN since Feb 22nd, 2023 at 0.020
The short-term trend has been UP since Nov 13th, 2023 at 0.015
Smart Scan Analysis for XLY
Based on our trend formula, XLY is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).