Eden Energy

Candlestick Daily volume index Bar reversal Edit

Backtest results

Position Trades Duration Win rate Win/loss Avg win Avg loss Return
Long 10 4.5 20% 25% 1.6% -0.8% -3.4%
Short 5 4.2 40% 67% 1.9% -3.2% -5.9%

What indicators would you like to backtest?

Trading Performance

Relative Strength Index

Score

-0.55

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 18 25.3 0.22% 0.27% 21.4% -14.7% -134.4%
SHORT 19 13.7 0.32% 0.40% 22.6% -6.4% 40.4%

Summary

Technical Analysis


The relative strength index (RSI) is a momentum indicator developed by noted technical analyst Welles Wilder which compares the magnitude of recent gains and losses over a specified time period to measure speed and change of price movements of a security. It is primarily used to attempt to identify overbought or oversold conditions in the trading of an asset.

Calculation: Relative Strength Index (RSI):
1) RSI = 100 - 100 / (1 + RS);
2) RS = Average Gain / Average Loss;


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:

Relative Strength Index

Download
Company Close Change(%) Volume Value Signal
EMH European Metals Holdings 0.4 12.9 86,102 54.21 NEUTRAL
EWC Energy World Corporation 0.07 12.1 682,263 59.77 NEUTRAL
BSA Broadcast Services Australia 0.29 9.6 231,634 57.78 NEUTRAL
NEA Nearmap 4.04 9.5 5,657,879 67.1 NEUTRAL
SXY Senex Energy 0.31 8.8 4,717,831 51.14 NEUTRAL
EVO Evolve Education 0.13 8.3 699,759 46.73 NEUTRAL
NBL Noni B 2.9 7 1,522,821 56.14 NEUTRAL
TZN Terramin Australia 0.08 6.7 7,645 50.36 NEUTRAL
RXP Rxp Services 0.47 5.6 117,158 64.92 NEUTRAL
PNV Polynovo 1.27 5.4 1,740,109 64.51 NEUTRAL