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Stock Trend Analysis Report

Prepared for you on Wednesday, April 17, 2024.

Eagle Bulk Shipping Inc. (NYSE:EGLE)

Weak Uptrend (+65) - EGLE is showing signs of weakening momentum to the upside. Monitor EGLE as it may be in the beginning stages of a reversal.

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.

NYSE_EGLE
Open High Low EGLE Price Change
63.00 63.00 61.39 62.67 +0.07
Entry Signal

MarketClub’s Trade Triangles for EGLE

long term up The long-term trend has been UP since Dec 1st, 2023 at 45.75

intermediate term up The intermediate-term trend has been UP since Jan 31st, 2024 at 56.00

short term down The short-term trend has been DOWN since Apr 8th, 2024 at 61.91

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).

+65
Smart Scan Analysis for EGLE
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
63.00 63.00 61.39 62.67 +0.07
Prev. Close Volume Bid Ask Time
62.60 706126 2024-04-08 16:00:00
52wk High65.0952wk High Date2024-03-08
52wk Low39.1552wk Low Date2023-09-21
Average Volume375,311Shares Outstanding11,073
Assets114,795,400MLiabilities547,736,000M
P/E Ratio31.9388
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