Friday May 17, 2019 Change 3.91% Price $0.30
Chart period: 2019-02-19 - 2019-05-17
VOLUME
Buy
TREND
Sell
MV LONG
Sell

MV SHORT
Sell

PIVOT
Buy

MACD
Sell

Will OBE stock price go up or down on Mon, 20 May 2019?

Predict

Obsidian Energy Ltd. Forecast and Stock Analysis

Technical OBE stock analysis for Friday May 17, 2019.

Sell candidate since 2019-05-13 Loss -1.88%
Shorts 7.83% ( 2019-04-15 )
Insider % n/a
Institutional % 20.60%
Beta 1.42
ROA -12.99%
Price to book USD 0.11
P/E Ratio -0.68
Next Earnings Date 2019-08-01


Obsidian Energy Ltd. gained 3.91% in the last trading day ( Friday, 17th May 2019 ), rising from $0.29 to $0.30 During day the stock fluctuated 7.73% from a day low at $0.29 to a day high of $0.31. The price has been going up and down for this period, and there has been a 2.02% gain for the last 2 weeks. Volume has increased in the last day along with the price, which is a positive technical sign, and, in total, 1.17 million more shares were traded than the day before. In total, 1.61 million shares bought and sold for approximately $488 037.00.

Quick summary:

  • 30 day high of the OBE stock price was $0.39 and low was $0.28.
  • 90 day high was $0.40 and low was $0.26.
  • 52 week high for the Obsidian Energy Ltd. - $1.24 and low - $0.26.

Trend

Obsidian Energy Ltd. lies in the middle of a very wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -11.13% during the next 3 months and, with 90% probability hold a price between $0.21 and $0.32 at the end of this period.

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Signals

There are mixed signals in the stock today. Obsidian Energy Ltd. holds sales signals from both short- and long-term moving averages. On corrections up there will be some resistance from the lines at $0.30 and $0.30. A break-up above any of these levels will issue buy signals. A buy signal was issued from a pivot bottom point on Thursday May 16, 2019, which indicates further gains until a new top pivot has been found. Obsidian Energy Ltd. has rising volume and follows the last lift in the price. This is considered to be a technical positive sign as volume should follow the price-formation. Higher liquidity also reduces the general risk.

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Relative Strength Index (RSI)

RSI14 is 46 and the stock is currently not being overbought or oversold

Access full RSI 14 and RSI 21 lists

Support & Resistance

Obsidian Energy Ltd. finds support from accumulated volume at $0.29.

Support: $0.29 Price: $0.30 Resistance: $0.31

Risk

This stock may move much during a day (volatility) and with a large prediction interval from the Bollinger Band this stock is considered to be "high risk". During the last day, the stock moved $0.02 between high and low, or 7.73%. For the last week, the stock has had a daily average volatility of 6.70%.

Our recommended stoploss: We hold a sell evaluation for this stock. No stop-loss set.

6.70 %

Average volatility

Overall risk:

Very Low Low Medium High Very High

Stronger Sell Today OBE ranks #3357 as SELL CANDIDATE #3357 Weaker Sell
OBE $0.30 ($0.01 3.91%)
OBE is up $0.01 today, but where's it headed in 2019?
Zacks Investment Research is releasing its prediction for OBE based on the 1-3 month system that more than doubles the S&P 500.

This report is free today for StockInvest.us readers.

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Will OBE stock price go up or down
on Mon, 20 May 2019?

Predict

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