Eden Energy

What indicators would you like to setup a trade for?

Candlestick Daily volume index Bar reversal Edit

Trade setup

Position Order Entry Exit Stop Loss Risk Return Expectancy
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?

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%

Company

Indicator

Code Company Date Close Change Indicator Value Signal

Trading Performance

Fibonacci Extensions

Score

0.0

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 9 29.4 0.22% 0.29% 18.7% -11.3% -41.5%
SHORT 10 42.9 0.40% 0.67% 42.4% -10.8% 104.9%

Summary

Technical Analysis

Eden Energy (EDE.AX)


Indicator:

FIBONACCI EXTENSION


Signal Strength: MEDIUM
Recommendation:

Indicator can be used in isolation or in additional to another technical indicator to confirmation for trading position.


Eden Energy (ASX:EDE) : The current Fibonacci Extension levels are:
(23.61%) $0.04
(38.2%) $0.05
(50%) $0.05
(61.8%) $0.05

The current support levels are:
(78.6%) $0.05
(100%) $0.05
(138.2%) $0.05
(161.8%) $0.06
(261.8%) $0.06
(423.61%) $0.08



Fibonacci extensions are used in Fibonacci retracement to predict spaces of resistance and support in the market. These extensions involve all levels drawn past the basic 100% level they are frequently used by traders to determine areas that will bring in profits.

Calculation: Fibonacci Extensions:
1) Uptrend: D = B — (A — B) x N%;
2) Downtrend: D = B + (B — A) x N %;
3) Fibonacci Levels:
61.8%
100%
138.2%
161.8%
261.8%
423.6%;


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:

Fibonacci Extensions

Download
Company Close Change(%) Volume Value Signal
DNA Donaco International 0.09 16 3,273,494 -0.04 BEARISH
AFL ASX 50 0.15 7.1 24,671 -0.06 BEARISH
BKY Berkeley Resources 0.25 6.5 1,484 -0.13 BEARISH
MTO Moto Goldmines 2.3 6 18,600 -0.38 BEARISH
ONE Oneview Healthcare 0.18 5.9 24,110 -0.14 BEARISH
CDV Cardinal Resources 0.31 5.1 66,456 -0.15 BEARISH
SIV Silver Chef 0.63 5 9,531 -0.13 BEARISH
RFG Retail Food 0.1 4.3 45,734,174 -0.08 BEARISH
MCY Mighty River Power 4.69 4.2 34,642 -0.35 BEARISH
AYS Amaysim Australia 0.39 4 98,562 -0.1 BEARISH