Technical Analysis for ENCC - Horizons Canadian Oil and Gas Equity Covered Call ETF
| Grade | Last Price | % Change | Price Change |
|---|---|---|---|
| B | 11.310 | 0.67% | 0.075 |
ENCC closed up 0.67 percent on Thursday, May 2, 2024, on 1.26 times normal volume. It ran into resistance at its 50 day moving average. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or bounces.
| ADX | Long Term | Intermediate Term | Short Term |
|---|---|---|---|
| Weak or Absent | Up | Flat | Down |
| Date | Alert Name | Type | % Chg |
|---|---|---|---|
| 50 DMA Resistance | Bearish | 0.00% | |
| Pocket Pivot | Bullish Swing Setup | 0.00% | |
| Stochastic Reached Oversold | Weakness | 0.00% | |
| Inside Day | Range Contraction | 0.00% | |
| Oversold Stochastic | Weakness | 0.00% | |
| Fell Below 50 DMA | Bearish | 0.67% | |
| Below Lower BB | Weakness | 0.67% | |
| Down 3 Days in a Row | Weakness | 0.67% | |
| Lower Bollinger Band Touch | Weakness | 0.67% | |
| Fell Below 20 DMA | Bearish | -0.96% |
| Alert | Time |
|---|---|
| Possible Pocket Pivot | about 11 hours ago |
| Possible Inside Day | about 11 hours ago |
| Rose Above 50 DMA | about 14 hours ago |
| 1.5x Volume Pace | about 14 hours ago |
| Rose Above Lower Bollinger Band | about 15 hours ago |
Free Daily (Stock) Chart Reading
Let us help you stay on top of your investments. We will alert you to important technical developments on your
portfolio & watchlist.
Configure default chart indicators
Basic chart:
Horizons Canadian Oil and Gas Equity Covered Call ETF (ENCC) is a covered call ETF that gives investors exposure to some of the largest and most liquid Canadian oil & gas stocks and it then uses a covered call strategy to help generate additional income on the portfolio.
Keywords: Exchange Traded Funds Oil Investor
Classification
Keywords: Exchange Traded Funds Oil Investor
| Indicator | Bull Case | Neutral / Hold | Bear Case |
|---|---|---|---|
| 50 DMA | |||
| 200 DMA | |||
| ADX Trend | |||
| Oversold / Overbought | |||
| Relative Strength |
| Indicator | Value |
|---|---|
| 52 Week High | 11.8 |
| 52 Week Low | 10.1 |
| Average Volume | 66,457 |
| 200-Day Moving Average | 10.977 |
| 50-Day Moving Average | 11.324 |
| 20-Day Moving Average | 11.558 |
| 10-Day Moving Average | 11.536 |
| Average True Range | 0.149 |
| RSI (14) | 42.86 |
| ADX | 22.25 |
| +DI | 15.228 |
| -DI | 27.469 |
| Chandelier Exit (Long, 3 ATRs) | 11.352 |
| Chandelier Exit (Short, 3 ATRs) | 11.648 |
| Upper Bollinger Bands | 11.864 |
| Lower Bollinger Band | 11.252 |
| Percent B (%b) | 0.1 |
| BandWidth | 5.300 |
| MACD Line | 0.026 |
| MACD Signal Line | 0.078 |
| MACD Histogram | -0.0526 |
| Pivot Point Level | Traditional / Classic | Fibonacci | Demark | Woodie | Camarilla |
|---|---|---|---|---|---|
| Resistance 4 (R4) | 11.453 | ||||
| Resistance 3 (R3) | 11.455 | 11.410 | 11.429 | ||
| Resistance 2 (R2) | 11.410 | 11.374 | 11.409 | 11.421 | |
| Resistance 1 (R1) | 11.360 | 11.351 | 11.385 | 11.358 | 11.413 |
| Pivot Point | 11.315 | 11.315 | 11.328 | 11.314 | 11.315 |
| Support 1 (S1) | 11.265 | 11.279 | 11.290 | 11.263 | 11.207 |
| Support 2 (S2) | 11.220 | 11.256 | 11.219 | 11.199 | |
| Support 3 (S3) | 11.170 | 11.220 | 11.191 | ||
| Support 4 (S4) | 11.168 |
