Free Daily Analysis

Stock Trend Analysis Report

Prepared for you on Wednesday, October 5, 2022.

Eagle Bulk Shipping Inc. (NASDAQ:EGLE)

Sidelines Mode (-55) - EGLE is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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
45.5200 47.0300 45.1147 46.8100 +0.8300
Entry Signal

MarketClub’s Trade Triangles for EGLE

long term down The long-term trend has been DOWN since Jun 23rd, 2022 at 51.2106

intermediate term down The intermediate-term trend has been DOWN since Aug 15th, 2022 at 48.6100

short term up The short-term trend has been UP since Sep 30th, 2022 at 43.0800

Smart Scan Analysis for EGLE

Based on our trend formula, EGLE is rated as a -55 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
45.5200 47.0300 45.1147 46.8100 +0.8300
Prev. Close Volume Bid Ask Time
45.9800 172660 2022-10-05 15:22:07
Year High6.14Year High Date2018-06-22
Year Low4.22Year Low Date2018-11-12
52wk High78.7552wk High Date2022-06-06
52wk Low36.2152wk Low Date2021-11-16
Year End Close1.5Average Volume410,651
Shares Outstanding13,691Short Interest1,048,370
% Institutional30.3Market Cap365M
P/E Ratio2.3689Beta2.6
Get a free daily analysis and signals for Eagle Bulk Shipping Inc. (EGLE) - Request Your Free Report.