Stock Trend Analysis Report
Prepared for you on Sunday, May 9, 2021.
EASTERN GOLDFIELDS INC (NASDAQ:EGDD)
Long-Term Downtrend (-90) - EGDD is in a strong downtrend that is likely to continue. While EGDD 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 EGDD?
MarketClub looks at technical strength and momentum to determine if the timing is right for EGDD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for EGDD
The long-term trend has been DOWN since Jan 25th, 2021 at 0.0163
The intermediate-term trend has been DOWN since Apr 27th, 2021 at 0.0161
The short-term trend has been DOWN since Jan 25th, 2021 at 0.0200
Smart Scan Analysis for EGDD
Based on our trend formula, EGDD is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||0.012||Year High Date||2018-03-07|
|Year Low||0.0048||Year Low Date||2018-09-05|
|52wk High||0.07||52wk High Date||2020-07-21|
|52wk Low||0.006||52wk Low Date||2021-04-27|
|Average Volume||74,550||Shares Outstanding||9,979|