Eden Energy

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%

What indicators would you like to backtest?

Trading Performance

Bill Williams Market Index



Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 50 4.3 0.42% 0.55% 6.6% -4.4% -27.1%
SHORT 51 12.0 0.76% 2.05% 8.3% -6.6% 198.9%


Technical Analysis

Eden Energy (EDE.AX)



Last Signal:


Trading: SELL @ $0.027
Signal Strength: MEDIUM

Volatility indicators highlight potential moves of a stock which can either move sharply in the updwards or downwards direction. This indicator allows stocks to be compared on a level playing field to highlight high and low volatility. Normally, falling markets are more likely to be volatile than a rising markets due to the emotion that gets tied to trading. Use volatility indicators in conjunction with other indicators to reduce exposure to false moves.

Eden Energy (ASX:EDE) Currently is a confirmed Fake Day.

The Market Facilitation Index is designed for evaluation the willingness of the market to move the price. The indicators absolute values alone cannot provide any trading signals unlike its dynamics in relation to the dynamics of the volume.

Calculation: Bill Williams Market Facilitation Index:
1) Green bar - both MFI and volume are up. Increasing trading activity means market movement acceleration;
2) Blue bar - MFI indicator is up volume is down. The movement is continuing although the volume has dropped. The trend will soon be reversing;
3) Pink bar - MFI indicator is down volume is up. The slowing down movement while volume is raising may indicate a possible break through often a U-turn;
4) Brown bar - both MFI and volume are down. The market is no longer interested in the current direction and is looking for signs of a future development;

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:

Bill Williams Market Index

Company Close Change(%) Volume Value Signal
SLR Silver Lake Resources 1.13 6.6 8,288,727 1 BULLISH
ONE Oneview Healthcare 0.21 5.1 191,184 1 BULLISH
TNE Technology One 8.26 3.8 1,530,919 1 BULLISH
PLS Pilbara Minerals 0.57 3.7 21,675,021 1 BULLISH
RKN Reckon 0.56 3.7 51,778 1 BULLISH
AQG Alacer Gold Corp 4.76 2.6 859,577 1 BULLISH
BBN Baby Bunting 2.29 1.8 593,578 1 BULLISH
APL Australian Plantation Timber 0.92 0.5 2,139,996 1 BULLISH
APZ Aspen 1.03 0.5 94,983 1 BULLISH
BRG Breville 16.82 0.4 450,046 0 BULLISH