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Stock Trend Analysis Report

Prepared for you on Friday, June 5, 2020.

Eagle Bulk Shipping, Inc (NASDAQ:EGLE)

Crossroads (+60) - EGLE is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid EGLE?

MarketClub looks at technical strength and momentum to determine if the timing is right for EGLE.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_EGLE
Open High Low EGLE Price Change
2.49 2.59 2.39 2.39 +0.09
Entry Signal

MarketClub’s Trade Triangles for EGLE

long term down The long-term trend has been DOWN since Jul 24th, 2019 at 4.55

intermediate term up The intermediate-term trend has been UP since May 19th, 2020 at 1.78

short term up The short-term trend has been UP since Jun 3rd, 2020 at 2.06

Smart Scan Analysis for EGLE

Based on our trend formula, EGLE is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for EGLE
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.49 2.59 2.39 2.39 +0.09
Prev. Close Volume Bid Ask Time
1.75 1028585 2020-06-05 15:59:55
Year High6.14Year High Date2018-06-22
Year Low4.22Year Low Date2018-11-12
52wk High5.917652wk High Date2019-05-01
52wk Low1.5252wk Low Date2020-03-18
Year End Close1.5Average Volume645,770
Shares Outstanding76,721Short Interest1,048,370
% Institutional30.3Market Cap365M
Assets100,208,713MLiabilities520,584,199M
Beta2.6Volatility77.48
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