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:

DAILY VOLUME INDEX


Last Signal:

BEARISH


Trading: SELL @ $0.054
Signal Strength: MEDIUM
Recommendation:

Eden Energy (ASX:EDE) current distribution has given weakness to the share price and the continuation of bearish trading conditions. Currently, the DVI is -31912.


Indicator can be used in isolation or in additional to another technical indicator to confirmation for trading exit. Indicator can be applied to the short/medium term timeframe, but the best results are obtained with larger cyclical swings in-line with the trend direction. This accumulation / distribution oscillator can provide guidance on the money flow direction from the companies recent trading.


The daily volume index (DVI) is the amount of individual securities traded in a day on average over a specified period of time. Trading activity relates to the liquidity of a security. When average daily trading volume is high the stock can be easily traded and has high liquidity if trading volume is not very high and the security will tend to be less expensive because people are not as willing to buy it. As a result average daily trading volume can have an effect on the price of the security.

Calculation: Daily Volume Index (DVI):
1) [Close]-[Average price] / [Average price] x [Volume];


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:

Daily Volume Index

Download button icon Download
Company Close Change (%) Volume Value Signal
BEE Broo 0.04 46.7 428,866 -1,273 BEARISH
AOG Aveo 1.96 10.1 4,993,846 -29,765 BEARISH
BGA Bega Cheese 5.09 7.4 1,107,047 -7,805 BEARISH
NEC Nine Entertainment 1.49 7.2 17,312,234 -59,903 BEARISH
ISU Iselect 0.8 6.7 159,619 -1,408 BEARISH
FDV Frontier Digital Ventures 0.51 6.3 308,940 -373 BEARISH
ONE Oneview Healthcare 0.48 5.6 567 -59 BEARISH
CAR Carsales 12.02 5.6 1,590,263 -1,953 BEARISH
DNK Danakali 0.76 4.9 425,514 -287 BEARISH
VTG Vita 1.39 4.9 555,719 -293 BEARISH
back to top