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:

RANGE CHANGE


Last Signal:

NEUTRAL


Trading: NO POSITION @ $0.053
Signal Strength: WEAK
Recommendation:

Indicator MUST BE USED in additional to another technical indicator to confirmation for trading entry. Indicator can be applied to the short term timeframe but is only able to give and indication of the strength of the buyers versus sellers at the market close. This bar analysis can provide guidance on the daily battle between sellers and buyers from the companies recent trading.


Eden Energy (ASX:EDE) No price change for Eden Energy. This is the first day of no daily price range for EDE highlighting the lack of enthusiasm for either buying or selling in the first timeframe. Over the last 12 months there have been 2 days of no price range giving a ratio of 0x. Over the last month there have been 2 days of no price range giving a ratio of 0.2x.



The range of the bar gives important information about the strength of weakness of a trend. If buyers are very committed they will be keen to buy and will tend to bid the price up even in the face of some selling pressure. Price will quickly & easily move upward and the move will tend to be significant. As such expanding ranges indicate the either buyers or sellers becoming more committed. Alternatively once the range begins to contract the side in control are losing commitment.

Calculation: Range Today Versus Range Yesterday (RTRY):
1) Expanding ranges on the upside indicates that buyers are increasingly eager;
2) Expanding ranges on the downside indicates that sellers are increasingly eager;
3) Contracting ranges on the upside indicates that buyers are becoming less eager;
4) Contracting ranges on the downside indicates that sellers are becoming less eager;


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:

Range Change

Download button icon Download
Company Close Change (%) Volume Value Signal
IFL Ioof Holdings 6.17 16.4 6,225,246 -1 BEARISH
GRR Grange Resources 0.29 9.6 9,788,346 -1 BEARISH
TLG Talga Gold 0.41 9.3 390,759 0 BEARISH
EMH European Metals Holdings 0.35 7.7 10,000 -1 BEARISH
BFG Bell Financial 0.88 4.8 294,798 -1 BEARISH
SHM Shriro 0.6 4.4 52,781 -1 BEARISH
ENN Elanor Investors 1.7 4.3 51,726 -1 BEARISH
MGX Mount Gibson Iron 0.72 3.6 2,204,882 0 BEARISH
CLH Collection House 1.46 3.2 91,585 -1 BEARISH
GCY Gascoyne Resources 0.1 3.1 1,001,526 -1 BEARISH
back to top