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Stock Trend Analysis Report
Prepared for you on Thursday, December 26, 2024.
Edesa Biotech, Inc. - Common Shares (NASDAQ:EDSA)
Strong Downtrend (-100) - EDSA is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, EDSA continues to fall. 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.
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MarketClub’s Trade Triangles for EDSA
The long-term trend has been DOWN since Sep 10th, 2024 at 4.1000
The intermediate-term trend has been DOWN since Dec 6th, 2024 at 2.0500
The short-term trend has been DOWN since Dec 19th, 2024 at 1.8047
Smart Scan Analysis for EDSA
Based on our trend formula, EDSA is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.75 | 1.82 | 1.75 | 1.76 | +0.01 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.75 | 3606 | 2024-12-26 13:54:14 |
| 52wk High | 5.99 | 52wk High Date | 2024-02-15 |
| 52wk Low | 1.55 | 52wk Low Date | 2024-12-20 |
| Average Volume | 29,303 | Shares Outstanding | 3,468 |
| Market Cap | 41M | Assets | 3,813,982M |
| Liabilities | 1,832,827M | P/E Ratio | -0.61220000 |