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

Demark's Pivot Points

Score

-2.45

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 74 3.4 0.23% 0.27% 5.3% -5.0% -226.4%
SHORT 76 8.2 0.51% 0.83% 6.8% -7.1% -68.9%

Summary

Technical Analysis

Eden Energy (EDE.AX)


Indicator:

DEMARK PIVOT POINT


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) current pivot point (DeMark) is:
(R1) $0.05.

The current pivot point (DeMark) is:
(S1) $0.049.



Demark Pivot Points start with a different base and use different formulas for support and resistance. These Pivot Points are conditional on the relationship between the close and the open.

Calculation: Demarks Pivot Points:
1) If Close < Open then X = High + (2 x Low) + Close;
2) If Close > Open then X = (2 x High) + Low + Close;
3) If Close = Open then X = High + Low + (2 x Close) ;
4) Pivot Point (P) = X/4;
5) Support 1 (S1) = X/2 – High;
6) Resistance 1 (R1) = X/2 – Low;


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:

Demark's Pivot Points

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Company Close Change(%) Volume Value Signal
BNO Bionomics 0.05 35.9 9,907,813 0 BEARISH
MNS Milnes Holdings 0.19 8.8 927,235 0 BEARISH
CIM Cimic 32.3 4 935,992 -0.24 BEARISH
MMS Mcmillan Shakespeare 16.46 3.5 424,111 -0.01 BEARISH
DNA Donaco International 0.06 3.4 1,983,098 0 BEARISH
ALU Altium 34.89 2.9 877,459 -0.09 BEARISH
PGC Paragon Care 0.4 2.6 347,093 0 BEARISH
IGL International Goldfields 2.05 2.5 577,016 -0.01 BEARISH
MQG Macquarie 131.77 2.4 2,676,767 -0.23 BEARISH
LYC Lynas Corporation 2.6 2.4 4,155,103 -0.01 BEARISH