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:

AVG DIRECTIONAL INDEX


Last Signal:

MEDIUM TREND


Trading: HOLD @ $0.083
Signal Strength: MEDIUM
Recommendation:

Indicator can be used in isolation or in additional to another technical indicator to confirmation for trading entry. This indicator has been constructed to highlight the existence of a trend for an assocaited timeframe. Trend determining indicators can be used in short, medium or long term timeframes & determines if the stock is trending or ranging. Once the trend status is quantified, this can then be coupled to additional indicators to add a significant advantage to the trading strategy.


Eden Energy (ASX:EDE) has confirmed a strong trend is present. Eden Energy has an ATR(14) of 0.009, a DX of 41.76 & an ADX(14) of 29.06



The Average Directional Index (ADX) Minus Directional Indicator (-DI) and Plus Directional Indicator (+DI) represent a group of directional movement indicators that form a trading system developed by Welles Wilder.

Calculation: Average Directional Movement Index (ADX):
Trend Strength ;
1) 0-25 = Absent or Weak Trend;
2) 25-50 = Strong Trend;
3) 50-75 = Very Strong Trend;
4) 75-100 Extremely Strong Trend;


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:

Average Directional Index

Download button icon Download
Company Close Change (%) Volume Value Signal
AXP Airxpanders Inc 0.04 20 3,531,549 -53.65 BEARISH
FIG Freedom Insurance 0.06 9.3 846,374 -38.57 BEARISH
BWX BWX 3.14 6.1 748,282 -44.71 BEARISH
RRL Regis Resources 4.36 5.1 2,623,260 -30.2 BEARISH
KGN Kogan 2.78 4.9 695,737 -47.61 BEARISH
SHM Shriro 0.61 4.3 232,582 -45.45 BEARISH
WOR Worleyparsons 14.79 4.3 3,985,452 -39.33 BEARISH
LLC Lend Lease Corporation 13.27 3.8 7,329,601 -49.99 BEARISH
EOS Electro Optic Systems Holdings 2.86 3.6 19,579 -40.05 BEARISH
MYO Myob 3.41 3.6 1,958,349 -28.25 BEARISH
back to top