Stock Trend Analysis Report
Prepared for you on Friday, June 5, 2020.
Edison Nation, Inc (NASDAQ:EDNT)
Crossroads (-60) - EDNT is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid EDNT?
MarketClub looks at technical strength and momentum to determine if the timing is right for EDNT.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for EDNT
The long-term trend has been UP since Apr 16th, 2020 at 2.75
The intermediate-term trend has been DOWN since Jun 1st, 2020 at 1.98
The short-term trend has been DOWN since May 29th, 2020 at 2.27
Smart Scan Analysis for EDNT
Based on our trend formula, EDNT is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||11.63||Year High Date||2018-06-18|
|Year Low||4.56||Year Low Date||2018-08-16|
|52wk High||5.1||52wk High Date||2019-04-11|
|52wk Low||1.32||52wk Low Date||2019-12-05|
|Average Volume||24,141||Shares Outstanding||6,049|