Free Daily Analysis

Stock Trend Analysis Report

Prepared for you on Tuesday, September 22, 2020.

Edesa Biotech, Inc. - Common Shares (NASDAQ:EDSA)

Bull Market Weakness (+75) - EDSA is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on EDSA as it may be in the beginning stages of a reversal.

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.

NASDAQ_EDSA
Open High Low EDSA Price Change
7.63 7.75 7.24 7.37 -0.37
Entry Signal

MarketClub’s Trade Triangles for EDSA

long term up The long-term trend has been UP since Jun 15th, 2020 at 3.50

intermediate term up The intermediate-term trend has been UP since Aug 31st, 2020 at 8.57

short term up The short-term trend has been UP since Sep 18th, 2020 at 7.80

Smart Scan Analysis for EDSA

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

+70
Smart Scan Analysis for EDSA
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7.63 7.75 7.24 7.37 -0.37
Prev. Close Volume Bid Ask Time
7.02 124404 2020-09-21 15:59:48
52wk High19.152wk High Date2020-07-30
52wk Low1.5852wk Low Date2020-03-18
Average Volume444,640Shares Outstanding9,414
Market Cap41MAssets8,922,754M
Liabilities1,122,565M
Get a free daily analysis and signals for Edesa Biotech, Inc. - Common Shares (EDSA) - Request Your Free Report.