Free Daily Analysis

Stock Trend Analysis Report

Prepared for you on Tuesday, April 16, 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.

Open High Low OBE Price Change
8.51 8.55 8.35 8.37 -0.12
Entry Signal

MarketClub’s Trade Triangles for OBE

long term up The long-term trend has been UP since Mar 15th, 2024 at 7.77

intermediate term up The intermediate-term trend has been UP since Jan 31st, 2024 at 6.94

short term down The short-term trend has been DOWN since Apr 15th, 2024 at 8.48

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
8.51 8.55 8.35 8.37 -0.12
Prev. Close Volume Bid Ask Time
8.35 247913 2024-04-15 15:59:50
Get a free daily analysis and signals for Obsidian Energy Ltd. (OBE) - Request Your Free Report.