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Stock Trend Analysis Report
Prepared for you on Thursday, April 25, 2024.
Erdene Gold Inc (TSE:ERD)
Bull Market Weakness (+75) - ERD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on ERD as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid ERD?
MarketClub looks at technical strength and momentum to determine if the timing is right for ERD.
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 ERD
The long-term trend has been UP since Dec 4th, 2023 at 0.350
The intermediate-term trend has been DOWN since Apr 2nd, 2024 at 0.375
The short-term trend has been UP since Apr 23rd, 2024 at 0.400
Smart Scan Analysis for ERD
Based on our trend formula, ERD is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.400 | 0.410 | 0.395 | 0.410 | +0.010 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.410 | 363300 | 2024-04-24 15:47:55 |
| Year High | 0.6 | Year High Date | 2018-01-02 |
| Year Low | 0.21 | Year Low Date | 2018-11-27 |
| 52wk High | 0.61 | 52wk High Date | 2017-12-08 |
| 52wk Low | 0.21 | 52wk Low Date | 2018-11-27 |
| Year End Close | 0.175 | Average Volume | 75,463 |
| Volatility | 52.35 |