Free Daily Analysis
Stock Trend Analysis Report
Prepared for you on Friday, December 6, 2024.
Obsidian Energy Ltd. (AMEX:OBE)
Strong Downtrend (-100) - OBE is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, OBE continues to fall. Traders should use caution 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.
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MarketClub’s Trade Triangles for OBE
The long-term trend has been DOWN since Jun 4th, 2024 at 6.98
The intermediate-term trend has been DOWN since Nov 12th, 2024 at 5.54
The short-term trend has been DOWN since Dec 2nd, 2024 at 5.57
Smart Scan Analysis for OBE
Based on our trend formula, OBE is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 5.530 | 5.660 | 5.530 | 5.615 | +0.085 |
| Prev. Close | Volume | Bid | Ask | Time |
| 5.640 | 226736 | 2024-12-05 15:59:25 |
| 52wk High | 9.065 | 52wk High Date | 2024-04-26 |
| 52wk Low | 5.24 | 52wk Low Date | 2024-11-13 |
| Average Volume | 349,909 | Shares Outstanding | 71,823 |
| Assets | 239,980,000M | Liabilities | 697,100,000M |
| P/E Ratio | 5.3714 |