ZDGE (AMEX)

ZDGE AMEX

Zedge Class B

SELL

2.4200

Prev.Close

2.5300

Change

-0.1100

Change%

-4.35%

BEARISH DESCENDING HAWK

Sold at

2.4650

Open

2.5000

High

2.5000

Low

2.3300

2.4200

Gain%

-1.83%

Signal History

Date	Price	Signal	Change%		$100⇨
04/30	2.4650	SELL	-1.8%		157
04/15	1.9900	BUY	+23.9%	✔ 👍	127
04/01	2.3300	SELL	-14.6%	✔	127
03/21	2.2800	BUY	+2.2%	✔	124
02/11	2.8200	SELL	-19.1%	✔	125
02/06	2.8800	BUY	-2.1%	❌	128
02/03	2.6000	SELL	+10.8%	❌	128
01/15	2.6500	BUY	-1.9%	❌	131
12/31	2.7800	SELL	-4.7%	✔	131
12/20	2.1700	BUY	+28.1%	✔ 👍	102
12/06	2.7400	SELL	-20.8%	✔	103
11/25	2.6400	BUY	+3.8%	✔	99
11/14	2.7800	SHORT	-5.0%	✔	95
11/11	2.8000	BUY	-0.7%	❌	96
11/04	2.8600	SHORT	-2.1%	✔	94
10/31	3.0200	BUY	-5.3%	❌	100

† Trade commissions are taken as 0.20%.

Pattern & Confirmation Chart for the Last 6 Months

Signal Update

Today's recommendation from our system is to SELL. The BEARISH DESCENDING HAWK pattern has finally received confirmation because the prices crossed below the confirmation level at 2.4950, and our valid average selling price now stands at 2.4650. The previous BUY signal was issued on 04/15/2025, 15 days ago, when the stock price was 1.9900. Since then, ZDGE has risen by +23.87%.

Market Outlook

We may be at a market top or at the beginning of a correction. The market has lost momentum, and traders are now more aligned in their bearish outlook. The compelling evidence suggests it's prudent to consider closing long positions. Today’s candlestick has a black body and its close is below the confirmation level. The bearish pattern that was previously identified is finally confirmed and a <SELL signal is generated. You still have time to act on the signal, and then you can begin evaluating other securities for a potential bullish bet.

Pattern Description

This pattern features a small white candlestick enclosed within a preceding, relatively longer white candlestick. It resembles the Harami pattern, but with both candlesticks being white. more...

Date	Price	Signal	Change%		$100⇨
04/30	2.4650	SELL	-1.8%		577
04/15	1.9900	BUY	+23.9%	✔ 👍	466
04/01	2.3300	SELL	-14.6%	✔	467
03/21	2.2800	BUY	+2.2%	✔	458
02/11	2.8200	SELL	-19.1%	✔	459
02/06	2.8800	BUY	-2.1%	❌	470
02/03	2.6000	SELL	+10.8%	❌	471
01/15	2.6500	BUY	-1.9%	❌	481
12/31	2.7800	SELL	-4.7%	✔	482
12/20	2.1700	BUY	+28.1%	✔ 👍	377
12/06	2.7400	SELL	-20.8%	✔	378
11/25	2.6400	BUY	+3.8%	✔	365
11/14	2.7800	SHORT	-5.0%	✔	348
11/11	2.8000	BUY	-0.7%	❌	352
11/04	2.8600	SHORT	-2.1%	✔	346
10/31	3.0200	BUY	-5.3%	❌	367
10/07	3.5700	SELL	-15.4%	✔	368
09/26	3.2800	BUY	+8.8%	✔	339
09/19	3.1400	SHORT	+4.5%	❌	356
09/16	3.1300	BUY	+0.3%	✔	356
08/29	3.5300	SELL	-11.3%	✔	357
08/14	3.1250	BUY	+13.0%	✔ 👍	317
08/02	3.5800	SHORT	-12.7%	✔	282
07/25	3.8400	BUY	-6.8%	❌	304
07/18	3.8450	SELL	-0.1%	✔	304
06/21	2.7400	BUY	+40.3%	✔ 👍	217
06/13	3.0700	SELL	-10.7%	✔	218
05/28	2.6300	BUY	+16.7%	✔ 👍	187
05/17	2.8100	SELL	-6.4%	✔	187
05/14	2.9900	BUY	-6.0%	❌	200
05/10	2.9100	SELL	+2.7%	❌	200
04/23	2.3725	BUY	+22.7%	✔ 👍	164
04/02	2.5300	SHORT	-6.2%	✔	155
03/28	2.7650	BUY	-8.5%	❌	170
03/15	3.0200	SHORT	-8.4%	✔	157
03/13	3.6500	BUY	-17.3%	❌	191
03/07	3.7700	SHORT	-3.2%	✔	185
03/04	4.2100	BUY	-10.5%	❌	208
02/29	3.9800	SELL	+5.8%	❌	208
02/23	3.8900	BUY	+2.3%	✔	204