Free Daily Analysis
Stock Trend Analysis Report
Prepared for you on Thursday, April 25, 2024.
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.
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MarketClub’s Trade Triangles for EDSA
The long-term trend has been UP since Oct 12th, 2023 at 6.9993
The intermediate-term trend has been UP since Mar 27th, 2024 at 4.9200
The short-term trend has been UP since Apr 19th, 2024 at 4.4435
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 4.4900 | 4.7255 | 4.2900 | 4.3000 | -0.1650 |
| Prev. Close | Volume | Bid | Ask | Time |
| 4.3100 | 4765 | 2024-04-24 13:30:01 |
| 52wk High | 8.61 | 52wk High Date | 2023-05-01 |
| 52wk Low | 2.4603 | 52wk Low Date | 2023-10-11 |
| Average Volume | 6,530 | Shares Outstanding | 3,172 |
| Market Cap | 41M | Assets | 7,831,790M |
| Liabilities | 1,986,912M | P/E Ratio | -0.61220000 |