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Stock Trend Analysis Report

Prepared for you on Sunday, April 2, 2023.

Obsidian Energy Ltd. (AMEX:OBE)

Bear Market Rally (-75) - OBE is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on OBE as it may be in the beginning of a reversal.

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.

Open High Low OBE Price Change
6.400 6.475 6.335 6.395 +0.045
Entry Signal

MarketClub’s Trade Triangles for OBE

long term down The long-term trend has been DOWN since Dec 9th, 2022 at 6.47

intermediate term down The intermediate-term trend has been DOWN since Mar 15th, 2023 at 5.82

short term up The short-term trend has been UP since Mar 28th, 2023 at 6.34

Smart Scan Analysis for OBE

Based on our trend formula, OBE is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Smart Scan Analysis for OBE
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
6.400 6.475 6.335 6.395 +0.045
Prev. Close Volume Bid Ask Time
6.400 253798 2023-03-31 15:59:24
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