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

Simple Moving Average

Score

0.15

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 30 8.8 0.17% 0.19% 20.2% -5.2% -38.2%
SHORT 30 17.3 0.43% 0.62% 15.0% -5.0% 90.9%

Summary

Technical Analysis

Eden Energy (EDE.AX)


Indicator:

SIMPLE MOVING AVERAGE


Last Signal:

BULLISH


Trading: BUY @ $0.049
Signal Strength: STRONG
Recommendation:

Indicator can be used in isolation or in additional to another technical indicator to confirmation for trading entry. This indicator has the ability to highlight trends across numerous timeframes. This indicator has the ability to smooth historical results to illustrate trend initiation and status. Although this is a simple trend following indicator & can provide good results when coupled with the right indicator. Note, this indicator does not work well in ranging markets producing unwanted whipsaws and false signals.


Eden Energy (ASX:EDE) currently has a confirmed uptrend. This means the SMA 15 day average has exceeded the closing price confirming the short term trend following indicator. Currently, the return on SMA15 is 0.0%.



A simple moving average is formed by computing the average price of a security over a specific number of periods. Most moving averages are based on closing prices.

Calculation: Simple Moving Average:
1) SMA: n period sum / n;


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:

Simple Moving Average

Download
Company Close Change(%) Volume Value Signal
GNG GR Engineering Services 0.82 7.2 8,204 -1.9 BEARISH
MLX Metals X 0.19 5.7 27,399,163 -9.6 BEARISH
FBR Fastbrick Robotics 0.06 5 1,145,523 -14.6 BEARISH
BSA Broadcast Services Australia 0.43 4.9 182,669 -0.3 BEARISH
LNG Liquefied Natural Gas 0.23 4.7 311,683 -9.3 BEARISH
VRL Village Roadshow 3.1 4.7 145,297 -0.9 BEARISH
ISD Isentia 0.38 4.2 325,358 -1 BEARISH
CII Ci Resources 1.25 3.7 10,000 -0.4 BEARISH
IFL Ioof Holdings 7.3 3.5 4,728,089 -2 BEARISH
ANG Austin Engineering 0.18 2.9 20,000 -6.3 BEARISH