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Stock Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Obsidian Energy Ltd. (AMEX:OBE)
Long-Term Downtrend (-90) - OBE is in a strong downtrend that is likely to continue. While OBE is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
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 DOWN since Jun 4th, 2024 at 6.98
The intermediate-term trend has been DOWN since Jul 22nd, 2024 at 7.30
The short-term trend has been DOWN since Jul 17th, 2024 at 7.48
Smart Scan Analysis for OBE
Based on our trend formula, OBE is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 7.250 | 7.325 | 7.140 | 7.310 | +0.050 |
| Prev. Close | Volume | Bid | Ask | Time |
| 7.260 | 132098 | 2024-07-26 15:59:54 |