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:

MOMENTUM


Last Signal:

BEARISH


Trading: SELL @ $0.041
Signal Strength: MEDIUM
Recommendation:

Eden Energy (ASX:EDE) currently has negative momentum of -0.002 This means the current price is less than the price 14 days ago and therefore losing momentum.

Indicator can be used in isolation or in additional to another technical indicator to confirmation for trading entry. This indicator has the ability to detect the speed of movement & give an early signal for a potential movement. By understanding the rate at which the price is moving in respect to the stocks historical trades, enables positions to be set in place based on changes in the speed of movement


Momentum measures the rate of change in closing prices and is used to detect trend weakness and likely reversal points. It is often underrated because of its simplicity. High Momentum readings (positive or negative) occur when a trend is at its strongest. Lower readings are found at the start and end of trends. Overbought and oversold levels are set separately for each security based on the performance of the indicator over past cycles.

Calculation: Momentum Oscillator (MOM):
1) Closing Price [today] - Closing Price [n days ago];


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:

Momentum Oscillator

Download button icon Download
Company Close Change (%) Volume Value Signal
AJX Alexium International 0.16 18.5 1,120,791 -0.02 BEARISH
BAL Bellamys Australia 11.12 15.6 6,277,304 -0.14 BEARISH
BNO Bionomics 0.14 12 1,401,682 -0.03 BEARISH
LNG Liquefied Natural Gas 0.45 4.7 15,362,821 -0.01 BEARISH
WTC Wisetech Global 22.35 4.7 726,869 -0.78 BEARISH
BRN Brainchip Holdings 0.05 4.4 592,113 -0.01 BEARISH
DCN Dacian Gold 2.15 4.4 1,372,307 -0.16 BEARISH
SMX Sms Management & Technology 0.43 3.7 51,531 -0.16 BEARISH
ADA Adacel Technologies 0.72 3.6 123,303 -0.01 BEARISH
CCV Cash Converters International 0.15 3.4 2,152,010 -0.01 BEARISH
back to top