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:

FIBONACCI RETRACTION


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 Retraction levels are:
(23.61%) $0.05
(38.2%) $0.06
(50%) $0.06
(61.8%) $0.06

The current support levels are:
(78.6%) $0.06
(100%) $0.07
(138.2%) $0.07
(161.8%) $0.08
(261.8%) $0.09
(423.61%) $0.12



A Fibonacci retracement is a term used in technical analysis that refers to areas of support (price stops going lower) or resistance (price stops going higher). Fibonacci retracement levels use horizontal lines to indicate areas of support or resistance at the key Fibonacci levels before the trend continues in the original direction.

Calculation: Fibonacci Retracements:
1) Uptrend: C = B — (B — A) x N%;
2) Downtrend: C = B + (A — B) x N%;
3) Fibonacci Levels:
a) 23.61%;
b) 38.2%;
c) 50%;
d) 61.8%;
e) 78.6%;
f) 100%,


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 Retracements

Download button icon Download
Company Close Change (%) Volume Value Signal
CTD Corporate Travel Management 28.81 14.7 1,727,133 -0.01 BEARISH
SVW Seven Holdings 19.02 12.2 2,028,025 -0.06 BEARISH
AXP Airxpanders Inc 0.04 12.1 4,203,665 -0.02 BEARISH
GCY Gascoyne Resources 0.11 11.1 1,637,598 -0.04 BEARISH
NWH NRW 2.28 9.6 3,181,761 -0.01 BEARISH
BFC Beston Global Food 0.16 6.9 222,535 -0.03 BEARISH
MAH Macmahon 0.26 6.1 4,352,517 -0.08 BEARISH
AYS Amaysim Australia 0.95 5.6 94,182 -0.18 BEARISH
BSA Broadcast Services Australia 0.29 5.6 67,709 -0.03 BEARISH
SGM Sims 11.66 4.7 1,667,336 -0.07 BEARISH
back to top