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Stock Trend Analysis Report

Prepared for you on Wednesday, November 20, 2024.

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.

AMEX_OBE
Open High Low OBE Price Change
5.630 5.680 5.548 5.625 -0.035
Entry Signal

MarketClub’s Trade Triangles for OBE

long term down The long-term trend has been DOWN since Jun 4th, 2024 at 6.98

intermediate term down The intermediate-term trend has been DOWN since Nov 12th, 2024 at 5.54

short term up The short-term trend has been UP since Nov 18th, 2024 at 5.73

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).

-75
Smart Scan Analysis for OBE
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
5.630 5.680 5.548 5.625 -0.035
Prev. Close Volume Bid Ask Time
5.610 231679 2024-11-19 15:59:35
52wk High9.06552wk High Date2024-04-26
52wk Low5.2452wk Low Date2024-11-13
Average Volume404,050Shares Outstanding71,823
Assets239,980,000MLiabilities697,100,000M
P/E Ratio5.3905
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