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Stock Trend Analysis Report

Prepared for you on Thursday, December 26, 2024.

Obsidian Energy Ltd. (AMEX:OBE)

Countertrend Down (-85) - OBE is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score 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.

AMEX_OBE
Open High Low OBE Price Change
5.400 5.420 5.280 5.335 -0.045
Entry Signal

MarketClub’s Trade Triangles for OBE

long term down The long-term trend has been DOWN since Jun 4th, 2024 at 6.980

intermediate term down The intermediate-term trend has been DOWN since Nov 12th, 2024 at 5.540

short term up The short-term trend has been UP since Dec 24th, 2024 at 5.125

Smart Scan Analysis for OBE

Based on our trend formula, OBE is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for OBE
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
5.400 5.420 5.280 5.335 -0.045
Prev. Close Volume Bid Ask Time
5.380 243130 2024-12-26 15:04:44
52wk High9.06552wk High Date2024-04-26
52wk Low4.8752wk Low Date2024-12-20
Average Volume454,879Shares Outstanding71,823
Assets239,980,000MLiabilities697,100,000M
P/E Ratio5.1238
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