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:

ULCER INDEX


Last Signal:

BULLISH


Trading: BUY @ $0.068
Signal Strength: MEDIUM
Recommendation:

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) UIX index implies that the downside risk of the current trading price is high. Currently, the UIX is 15.663.



A technical indicator that measures downside risk in terms of both depth and duration of price declines. The Ulcer Index (UI) increases in value as the price moves farther away from a recent high and falls as the price rises to new highs. The indicator is usually calculated over 14 days with the UI showing the percentage drawdown a trader can expect from the high over that period. The greater the value of the UI the longer it takes for a stock to get back to the former high.

Calculation: Ulcer Index:
1) Percentage Drawdown = [(Close - 14-period High Close)/14-period High Close] x 100;
2) Squared Average = (14-period Sum of Percentage Drawdown Squared)/14;
3) Ulcer Index = Square Root of Squared Average;


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:

Ulcer Index

Download button icon Download
Company Close Change (%) Volume Value Signal
LVH Livehire 0.54 13.8 277,135 6.19 BEARISH
RAP Resapp Health 0.12 9.1 1,276,523 11.12 BEARISH
AXP Airxpanders Inc 0.03 8.3 640,420 11.23 BEARISH
HFR Highfield Resources 0.69 5.4 91,323 8.82 BEARISH
VOC Vocus Communications 3.35 5.3 3,852,847 10.23 BEARISH
AGG Anglogold Ashanti 3.45 5.2 57,115 14.44 BEARISH
CIA Champion Iron 1.23 4.7 7,855 7.02 BEARISH
AYS Amaysim Australia 1.05 4.5 121,914 12.06 BEARISH
GXY Galaxy Resources 2.56 4.5 1,231,824 8.5 BEARISH
MOC Mortgage Choice 1.16 4.5 246,584 24.21 BEARISH
back to top