Stock Trend Analysis Report
Prepared for you on Thursday, May 13, 2021.
Erdene Resource Development (NASDAQ:ERDCF)
Crossroads (+60) - ERDCF 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 ERDCF?
MarketClub looks at technical strength and momentum to determine if the timing is right for ERDCF.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ERDCF
The long-term trend has been DOWN since Mar 4th, 2021 at 0.2958
The intermediate-term trend has been UP since May 11th, 2021 at 0.3005
The short-term trend has been UP since May 6th, 2021 at 0.2896
Smart Scan Analysis for ERDCF
Based on our trend formula, ERDCF is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||0.49||Year High Date||2018-01-02|
|Year Low||0.1564||Year Low Date||2018-11-27|
|52wk High||0.55||52wk High Date||2020-08-05|
|52wk Low||0.1461||52wk Low Date||2020-05-15|
|Average Volume||64,788||Shares Outstanding||90,313|