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Stock Trend Analysis Report
Prepared for you on Monday, March 27, 2023.
Edesa Biotech, Inc. - Common Shares (NASDAQ:EDSA)
Crossroads (-60) - EDSA 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 EDSA?
MarketClub looks at technical strength and momentum to determine if the timing is right for EDSA.
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 EDSA
The long-term trend has been UP since Dec 22nd, 2022 at 1.86
The intermediate-term trend has been DOWN since Jan 17th, 2023 at 1.51
The short-term trend has been DOWN since Mar 8th, 2023 at 1.37
Smart Scan Analysis for EDSA
Based on our trend formula, EDSA is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.03 | 1.09 | 1.04 | 1.07 | +0.03 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.07 | 43505 | 2023-03-24 15:59:52 |
| 52wk High | 3.42 | 52wk High Date | 2022-03-24 |
| 52wk Low | 0.76 | 52wk Low Date | 2022-11-18 |
| Average Volume | 77,057 | Shares Outstanding | 20,059 |
| Market Cap | 41M | Assets | 11,674,762M |
| Liabilities | 1,401,306M |