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Stock Trend Analysis Report

Prepared for you on Sunday, October 17, 2021.

Obsidian Energy Ltd (TSE:OBE)

Bull Market Weakness (+75) - OBE is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on OBE as it may be in the beginning stages of a reversal.

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

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

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

Open High Low OBE Price Change
4.81 4.93 4.75 4.78 -0.02
Entry Signal

MarketClub’s Trade Triangles for OBE

long term up The long-term trend has been UP since Dec 7th, 2020 at 0.64

intermediate term up The intermediate-term trend has been UP since Sep 15th, 2021 at 3.64

short term down The short-term trend has been DOWN since Oct 13th, 2021 at 4.70

Smart Scan Analysis for OBE

Based on our trend formula, OBE is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Smart Scan Analysis for OBE
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.81 4.93 4.75 4.78 -0.02
Prev. Close Volume Bid Ask Time
4.78 199131 2021-10-15 15:59:58
Year High1.7Year High Date2018-01-03
Year Low0.62Year Low Date2018-11-28
52wk High1.7252wk High Date2017-12-01
52wk Low0.6252wk Low Date2018-11-28
Average Volume320,394Volatility81.18
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