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Stock Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Obsidian Energy Ltd. (AMEX:OBE)
Crossroads (-60) - OBE is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid OBE?
MarketClub looks at technical strength and momentum to determine if the timing is right for OBE.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for OBE
The long-term trend has been UP since Mar 15th, 2024 at 7.7700
The intermediate-term trend has been DOWN since May 2nd, 2024 at 7.9309
The short-term trend has been DOWN since May 1st, 2024 at 8.5700
Smart Scan Analysis for OBE
Based on our trend formula, OBE is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 7.900 | 8.050 | 7.900 | 8.015 | +0.105 |
| Prev. Close | Volume | Bid | Ask | Time |
| 7.910 | 78961 | 2024-05-09 12:10:07 |