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Stock Trend Analysis Report

Prepared for you on Tuesday, July 23, 2024.

Erdene Gold Inc (TSE:ERD)

Long-Term Uptrend (+90) - ERD is in a strong uptrend that is likely to continue. While ERD is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

Is it time to buy, sell, or avoid ERD?

MarketClub looks at technical strength and momentum to determine if the timing is right for ERD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

TSE_ERD
Open High Low ERD Price Change
0.450 0.450 0.440 0.445 -0.005
Entry Signal

MarketClub’s Trade Triangles for ERD

long term up The long-term trend has been UP since Dec 4th, 2023 at 0.35

intermediate term up The intermediate-term trend has been UP since Jul 19th, 2024 at 0.44

short term up The short-term trend has been UP since Jul 19th, 2024 at 0.44

Smart Scan Analysis for ERD

Based on our trend formula, ERD is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for ERD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.450 0.450 0.440 0.445 -0.005
Prev. Close Volume Bid Ask Time
0.440 34055 2024-07-22 15:52:13
Year High0.6Year High Date2018-01-02
Year Low0.21Year Low Date2018-11-27
52wk High0.6152wk High Date2017-12-08
52wk Low0.2152wk Low Date2018-11-27
Year End Close0.175Average Volume75,463
Volatility52.35
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