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Stock Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
Obsidian Energy Ltd (TSE:OBE)
Bear Market Rally (-75) - OBE is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on OBE as it may be in the beginning 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.
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MarketClub’s Trade Triangles for OBE
The long-term trend has been DOWN since Aug 2nd, 2024 at 9.470
The intermediate-term trend has been DOWN since Nov 12th, 2024 at 7.705
The short-term trend has been UP since Nov 18th, 2024 at 8.020
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 7.84 | 7.92 | 7.75 | 7.85 | -0.10 |
| Prev. Close | Volume | Bid | Ask | Time |
| 7.87 | 197427 | 2024-11-19 15:59:30 |
| Year High | 1.7 | Year High Date | 2018-01-03 |
| Year Low | 0.62 | Year Low Date | 2018-11-28 |
| 52wk High | 1.72 | 52wk High Date | 2017-12-01 |
| 52wk Low | 0.62 | 52wk Low Date | 2018-11-28 |
| Average Volume | 320,394 | Volatility | 81.18 |