Stock Trend Analysis Report
Prepared for you on Monday, March 1, 2021.
Eagle Bulk Shipping, Inc (NASDAQ:EGLE)
Long-Term Uptrend (+90) - EGLE is in a strong uptrend that is likely to continue. While EGLE is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
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.
MarketClub’s Trade Triangles for EGLE
The long-term trend has been UP since Jan 6th, 2021 at 20.38
The intermediate-term trend has been UP since Feb 10th, 2021 at 24.00
The short-term trend has been UP since Feb 4th, 2021 at 20.18
Smart Scan Analysis for EGLE
Based on our trend formula, EGLE is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||6.14||Year High Date||2018-06-22|
|Year Low||4.22||Year Low Date||2018-11-12|
|52wk High||32.4369||52wk High Date||2021-02-25|
|52wk Low||8.89||52wk Low Date||2020-05-14|
|Year End Close||1.5||Average Volume||96,477|
|Shares Outstanding||11,014||Short Interest||1,048,370|
|% Institutional||30.3||Market Cap||365M|