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Stock Trend Analysis Report

Prepared for you on Sunday, June 4, 2023.

Eagle Bulk Shipping Inc. (NYSE:EGLE)

Weak Downtrend (-65) - EGLE is showing signs of a strengthening downtrend. Monitor EGLE as it may be building momentum to the downside.

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.

Open High Low EGLE Price Change
41.02 42.52 41.02 42.26 +1.88
Entry Signal

MarketClub’s Trade Triangles for EGLE

long term down The long-term trend has been DOWN since Mar 16th, 2023 at 47.17

intermediate term down The intermediate-term trend has been DOWN since May 2nd, 2023 at 42.89

short term up The short-term trend has been UP since Jun 2nd, 2023 at 41.36

Smart Scan Analysis for EGLE

Based on our trend formula, EGLE is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Smart Scan Analysis for EGLE
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
41.02 42.52 41.02 42.26 +1.88
Prev. Close Volume Bid Ask Time
42.24 198666 2023-06-02 15:59:41
52wk High78.7552wk High Date2022-06-06
52wk Low39.1652wk Low Date2023-05-31
Average Volume267,898Shares Outstanding13,712
P/E Ratio3.233
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