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Stock Trend Analysis Report
Prepared for you on Wednesday, April 24, 2024.
Obsidian Energy Ltd. (AMEX:OBE)
Bull Market Weakness (+75) - OBE is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on OBE as it may be in the beginning stages 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.
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MarketClub’s Trade Triangles for OBE
The long-term trend has been UP since Mar 15th, 2024 at 7.77
The intermediate-term trend has been DOWN since Apr 22nd, 2024 at 8.07
The short-term trend has been UP since Apr 23rd, 2024 at 8.28
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 8.12 | 8.52 | 8.05 | 8.52 | +0.41 |
| Prev. Close | Volume | Bid | Ask | Time |
| 8.53 | 450573 | 2024-04-23 15:59:56 |