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Stock Trend Analysis Report

Prepared for you on Thursday, April 22, 2021.

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

Long-Term Downtrend (-90) - EDSA is in a strong downtrend that is likely to continue. While EDSA is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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
4.98 5.25 4.95 5.25 +0.32
Entry Signal

MarketClub’s Trade Triangles for EDSA

long term down The long-term trend has been DOWN since Nov 10th, 2020 at 5.38

intermediate term down The intermediate-term trend has been DOWN since Apr 20th, 2021 at 5.00

short term down The short-term trend has been DOWN since Apr 12th, 2021 at 5.46

Smart Scan Analysis for EDSA

Based on our trend formula, EDSA is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for EDSA
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.98 5.25 4.95 5.25 +0.32
Prev. Close Volume Bid Ask Time
5.25 47753 2021-04-21 15:58:00
52wk High19.152wk High Date2020-07-30
52wk Low2.0252wk Low Date2020-04-22
Average Volume144,695Shares Outstanding11,049
Market Cap41MAssets10,290,769M
Liabilities1,033,332M
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