Stock Trend Analysis Report
Prepared for you on Wednesday, October 20, 2021.
OBSIDIAN ENERGY LTD (NASDAQ:OBELF)
Countertrend Up (+85) - OBELF is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid OBELF?
MarketClub looks at technical strength and momentum to determine if the timing is right for OBELF.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for OBELF
The long-term trend has been UP since Dec 4th, 2020 at 0.49
The intermediate-term trend has been UP since Sep 15th, 2021 at 2.88
The short-term trend has been DOWN since Oct 11th, 2021 at 3.73
Smart Scan Analysis for OBELF
Based on our trend formula, OBELF is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||4.06||52wk High Date||2021-10-11|
|52wk Low||0.266||52wk Low Date||2020-10-30|
|Average Volume||130,824||Shares Outstanding||71,823|