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Stock Trend Analysis Report

Prepared for you on Monday, December 4, 2023.

Obsidian Energy Ltd. (AMEX:OBE)

Weak Downtrend (-65) - OBE is showing signs of a strengthening downtrend. Monitor OBE as it may be building momentum to the downside.

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
7.4500 7.4706 7.2706 7.4500 -0.1200
Entry Signal

MarketClub’s Trade Triangles for OBE

long term up The long-term trend has been UP since Jul 31st, 2023 at 7.14

intermediate term down The intermediate-term trend has been DOWN since Nov 7th, 2023 at 8.05

short term down The short-term trend has been DOWN since Dec 4th, 2023 at 7.37

Smart Scan Analysis for OBE

Based on our trend formula, OBE is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for OBE
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7.4500 7.4706 7.2706 7.4500 -0.1200
Prev. Close Volume Bid Ask Time
7.5700 265290 2023-12-04 11:32:33
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