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Stock Trend Analysis Report

Prepared for you on Monday, October 18, 2021.

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

Weak Uptrend (+65) - EDSA is showing signs of weakening momentum to the upside. Monitor 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
7.7800 7.8800 7.5801 7.7100 -0.1000
Entry Signal

MarketClub’s Trade Triangles for EDSA

long term up The long-term trend has been UP since Sep 1st, 2021 at 6.3524

intermediate term up The intermediate-term trend has been UP since Aug 30th, 2021 at 5.0900

short term down The short-term trend has been DOWN since Oct 18th, 2021 at 7.6500

Smart Scan Analysis for EDSA

Based on our trend formula, EDSA is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+65
Smart Scan Analysis for EDSA
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7.7800 7.8800 7.5801 7.7100 -0.1000
Prev. Close Volume Bid Ask Time
7.8100 122585 2021-10-18 15:59:51
52wk High1252wk High Date2021-09-20
52wk Low4.054852wk Low Date2021-01-04
Average Volume9,854,096Shares Outstanding13,256
Market Cap41MAssets16,877,343M
Liabilities1,073,588M
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