Stock Trend Analysis Report
Prepared for you on Thursday, October 28, 2021.
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.
MarketClub’s Trade Triangles for EGLE
The long-term trend has been UP since Jan 6th, 2021 at 20.3800
The intermediate-term trend has been DOWN since Sep 20th, 2021 at 48.3401
The short-term trend has been DOWN since Oct 22nd, 2021 at 45.1000
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).
|Year High||6.14||Year High Date||2018-06-22|
|Year Low||4.22||Year Low Date||2018-11-12|
|52wk High||56.47||52wk High Date||2021-06-25|
|52wk Low||13.6077||52wk Low Date||2020-11-02|
|Year End Close||1.5||Average Volume||230,850|
|Shares Outstanding||13,460||Short Interest||1,048,370|
|% Institutional||30.3||Market Cap||365M|