Stock Trend Analysis Report
Prepared for you on Wednesday, August 10, 2022.
EDEN ENERGY LTD ORD (NASDAQ:EDEYF)
Strong Downtrend (-100) - EDEYF is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, EDEYF continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid EDEYF?
MarketClub looks at technical strength and momentum to determine if the timing is right for EDEYF.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for EDEYF
The long-term trend has been DOWN since Mar 28th, 2022 at 0.0140
The intermediate-term trend has been DOWN since Aug 5th, 2022 at 0.0075
The short-term trend has been DOWN since Aug 5th, 2022 at 0.0075
Smart Scan Analysis for EDEYF
Based on our trend formula, EDEYF is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||0.17||Year High Date||2018-02-06|
|Year Low||0.025||Year Low Date||2018-08-03|
|52wk High||0.0227||52wk High Date||2022-03-21|
|52wk Low||0.0065||52wk Low Date||2022-07-06|