|Position||Trades||Duration||Win rate||Win/loss||Avg win||Avg loss||Return|
|Position||Trades||Duration||Win Rate||Win/Loss||Avg Win||Avg Loss||Return|
Eden Energy (EDE.AX)
Trading: BUY @ $0.044
Signal Strength: STRONG
Eden Energy (ASX:EDE) current price has highlighted the commencement of accumulation and the start of bullish trading conditions. Currently, the ADLINE is 15833.3. During the quarter, the highest ADLINE value was 84443.6.
A bullish crossover has been confirmed due the last trading session with is a strong indication of a diretional change. This indicator can be used in isolation or in additional to another technical indicator to confirmation for trading entry. 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 |
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.
|SMX Sms Management & Technology||0.38||4.1||66,163||10,335.1||BULLISH CROSSOVER|
|SFR Sandfire Resources||5.6||2.6||910,668||86,542.7||BULLISH CROSSOVER|
|SSM Service Stream||2.41||2.1||1,735,386||282,182.3||BULLISH CROSSOVER|
|SMN Structural Monitoring Systems||0.89||1.7||57,146||5,982.2||BULLISH CROSSOVER|
|CIM Cimic||33.43||1.6||419,915||32,867.3||BULLISH CROSSOVER|
|ORG Origin Energy||8.7||1.5||3,973,101||44,677.6||BULLISH CROSSOVER|
|CGC Consolidated Gaming Corporation||2.47||1.2||2,212,789||77,089.5||BULLISH CROSSOVER|
|MPL Medibank Private||3.25||1.2||9,781,928||76,402.9||BULLISH CROSSOVER|
|SVW Seven Holdings||19.3||1.1||478,550||2,396.2||BULLISH CROSSOVER|
|ARA Ariadne Australia||0.61||0.8||5,000||703.6||BULLISH CROSSOVER|