In today’s edition of the Daily Stock Report, we are going to take a look at Enghouse Systems Ltd (ENGH.TO). Enghouse fell to the red zone in the SIA S&P/TSX Composite Index Report back on March 10, 2023, at a price of $32.77. As we see in the relative strength matrix position chart, ENGH.TO has further fallen to the red unfavored zone and still resides there today. As of yesterday’s close, the shares are at $23.80 which represents a 37% drop since March 10, 2023. This is another great example of staying away from investments in the red unfavored zone.