| Ticker | Overall | Pattern | Senti. |
|---|
Geez, brutal day for Obsidian Energy, investors dumped shares on the market and there weren't too many buyers interested in picking them up which causes price to plunge. Negative outlook for the company may continue to
hammer the stock. We'll see if we hit bottom here and get some buyers to come in fishing for value. It looks like OBE may be interacting with a slightly angled resistance line. This area could represent a pivot point. The company has been chopping around the last few months without a clear directional momentum. So it might bounce off here, but hard to say.
If the price breaks through the resistance level it will probably move up to the $6.17 where it may meet further resistance. If the price does in fact bounce off here, it might find nearest support down at the $4.91 level, hard to say where it will go from there though.
The analysts are pretty neutral on Obsidian Energy right now, so not much useful information here. The current Analysts Sentiment Score is 1.88. Most companies range between (-200 to 200).
Here's a break down of the latest rating changes. BMO Capital Markets initiated a rating of Outperform on 2024-04-09 and provided a price target of $16.50. Royal Bank of Canada gave a boost to their price target and moved to $14.00 from $12.00 on 2023-09-22.
| Company | Ratings Score
?
Composite analyst sentiment score
|
Positive Ratings | Negative Ratings | Boost Price Target | Lower Price Target |
|---|---|---|---|---|---|
| OBE | 1.88 | 1.85 | 0 | 1.91 | 0 |
| Company | YOY Growth Score (typical -20 to +20) | Revision Directions (-6 to +6) |
|---|---|---|
| OBE | 0.00 | 0.00 |
We take into account several different measures of short interest to create a composite score. These measures are shown in the chart below. Short selling is when investors are betting against a stock. We compile these factors to create a dynamic Short Score - this can indicate poor sentiment, internal problems with a company or industry and the anticipation of future price declines. We look at the short interest percent, days to cover, the rate of change and total shares sold short.
| Company | Short Score (typical 1-15)
?
We take into account several different measures and attributes of short interest to create a composite sentiment score. typical range (0 - 30)
|
Short Interest | Days to Cover | Rate of Change | Shares Short |
|---|---|---|---|---|---|
| OBE | 0 | %0 | 0 | 0 | 0 |
Social Sentiment is an aggregation of several different factors such as news, articles, blogs, user content, ratings, etc. Which is shown in the chart below. It may become predictive of a reversal if price and the sentiment diverge. Broader market forces may push prices up or down but if market participants maintain a different view on a specific stock, it may be taken as an opportunity to buy or sell in those cases.
| Ticker | Social Sentiment(1-10) |
|---|---|
| OBE |
How to use: use the research links to research the asset. Then simply type in a score for each category between (01, 02, 03, 04, 05). 05 being the most bullish and 01 being the most bearish. It will automatically calculate the average and combine it with the technical score to create an overall score to rank prospects by. You can also type notes into each field.
