Eden Energy (EDE)

Download button icon Download

Eden Energy (EDE): Signals

No data currently available.

data-ad-format="auto">

Explore Compare Share

TECHNICAL ANALYSIS SUMMARY

Eden Energy (EDE.AX)


Indicator:

ACCUMULATION


Last Signal:

BEARISH


Trading: SELL @ $0.053
Signal Strength: MEDIUM
Recommendation:

Eden Energy (ASX:EDE) current distribution has given weakness to the share price and the continuation of bearish trading conditions. Currently, the ADLINE is -1.39433e+006. day. During the quarter, the lowest ADLINE value was -1.4175e+006.


Indicator can be used in isolation or in additional to another technical indicator to confirmation for trading exit. Indicator can be applied to the short/medium term timeframe, but the best results are obtained with larger cyclical swings in-line with the trend direction. This accumulation / distribution oscillator can provide guidance on the money flow direction from the companies recent trading.


Accumulation/distribution (ADLINE) is a momentum indicator that attempts to gauge supply and demand by determining whether investors are generally accumulating or buying or distributing or selling a certain stock by identifying divergences between stock price and volume flow. The accumulation/distribution is calculated by first calculating the money flow multiplier then multiplying the money flow multiplier by the period’s volume.

Calculation: Accumulation Distribution Line:
1) Money Flow Multiplier = [(close - low) - (high - close)] / (high - low);
2) Money Flow Volume = Money Flow Multiplier x volume for the period;
3) Accumulation/Distribution= previous Accumulation/Distribution + current periods Money Flow Volume.


PROFILE: Eden Energy (EDE.AX)


Stock Exchange: ASX
Company: Eden Energy
Ticker Codes: | EDE.AX | ASX:EDE |

About Eden Energy (ASX:EDE):

Eden Innovations Ltd. provides various clean technology solutions. The company offers EdenCrete, a carbon nanotube enriched admixture for concrete; and OptiBlend, a retrofit dual fuel kit for diesel generator sets. It also provides Pyrolysis, a technology to produce carbon nanotube, and carbon nanofibre and hydrogen; Hythane, a blend of hydrogen and natural gas; and EdenPlast, a CNT enriched polymers and plastics. The company was formerly known as Eden Energy Ltd. and changed its name to Eden Innovations Ltd. in November 2016. Eden Innovations Ltd. was incorporated in 2004 and is based in Perth, Australia.

Top 10:

Accumulation Distribution

Download button icon Download
Company Close Change (%) Volume Value Signal
ALU Altium 32.56 20.3 1,970,715 -17,447.2 BEARISH
MOY Millennium Minerals 0.21 5.1 557,606 -254,969.4 BEARISH
BFG Bell Financial 0.88 4.8 294,798 -32,786.4 BEARISH
SHM Shriro 0.6 4.4 52,781 -18,701.3 BEARISH
IDX Integral Diagnostics 2.96 3.9 17,327 -29,864.5 BEARISH
SPO Spotless Holdings 1.66 3.8 25,730 -3,661.7 BEARISH
HUB Hub24 13.34 3.7 224,638 -98,654.8 BEARISH
RFG Retail Food 0.3 3.4 1,213,886 -175,691.4 BEARISH
CWP Cedar Woods Properties 5.1 3.4 16,697 -3,193.9 BEARISH
AMP AMP 2.22 3.3 19,959,535 -4,221,424.9 BEARISH
back to top