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

Bar Reversal

Score

-1.65

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 17 11.2 0.29% 0.38% 3.0% -11.8% -138.0%
SHORT 18 29.1 0.61% 1.38% 10.0% -15.1% -11.3%

Summary

Technical Analysis

Eden Energy (EDE.AX)


Indicator:

BAR REVERSAL


Last Signal:

NEUTRAL


Trading: NO POSITION @ $0.047
Signal Strength: MEDIUM
Recommendation:

Indicator can be used in isolation but is strengthened by additional indicator confirmation. Indicator can be applied to the short or medium term timeframe and is able to highlight a potential change in price direction. This bar analysis can provide guidance on the daily battle between sellers and buyers from the companies recent trading.


Eden Energy (ASX:EDE)No bar reversal is present for Eden Energy. Over the last 12 months there have been 6 occurrences of no bar reversals giving a signal probability of 2.3%.


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:

Bar Reversal

Download
Company Close Change(%) Volume Value Signal
MVP Medical Developments 7.25 15.8 532,471 0 NEUTRAL
SMX Sms Management & Technology 0.35 15 69,513 0 NEUTRAL
CGS Cogstate 0.4 14.3 477,637 0 NEUTRAL
CAT Catuity 2.01 13.6 1,507,289 0 NEUTRAL
TNG Tennant Creek Gold 0.11 10 633,721 0 NEUTRAL
ADA Adacel Technologies 0.51 7.4 130,153 0 NEUTRAL
EVO Evolve Education 0.16 6.9 1,941,596 0 NEUTRAL
EMH European Metals Holdings 0.36 5.9 75,658 0 NEUTRAL
BSE BSE 0.25 5.6 56,365 0 NEUTRAL
JIN Jin 20.99 5.2 463,626 0 NEUTRAL