EASTWOOD BIO-MEDICAL CANADA (EBM.CA) Stock Technical Analysis
Canada - TSX Venture Exchange - TSX-V:EBM - CA27783W1059 - Common Stock
We assign a technical rating of 3 out of 10 to EBM. In the last year, EBM was a medium performer in the overall market. We are getting mixed signals now in both the short and medium term picture.
- In the last month EBM has a been trading in the 0.49 - 1.00 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
- Warning: EBM has an average volume of 5154 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- EBM is one of the better performing stocks in the Health Care Providers & Services industry, it outperforms 85% of 15 stocks in the same industry.
- The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
- Looking at the yearly performance, EBM did better than 70% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
- EBM is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so EBM is lagging the market.
The technical rating of EBM is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
0.30
2 important support areas can be observed.
- Support @0.51 from a trend line in the daily time frame.
- A support zone ranging from 0.30 to 0.30. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- Resistance @0.91 from a trend line in the daily time frame.
- Resistance @0.96 from a trend line in the weekly time frame.
- Resistance @1.00 from a horizontal line in the weekly time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for EBM.CA is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for EBM.CA is down. |
| ChartMill Relative Strength | 70.99 | POSITIVE | EBM.CA has a high relative strength, it outperformed 70.99% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of EBM.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of EBM.CA is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of EBM.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 43.19 | NEUTRAL | The RSI value for EBM.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests EBM.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 25.36 | NEUTRAL | The Stochastics value for EBM.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 9.61 | HIGH VOLATILITY | The high ATR as a percentage value for EBM.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 22.71 | NEUTRAL | The ADX value for EBM.CA suggests a possible start of a new trend. |
TSX-V:EBM (1/22/2026, 7:00:00 PM)
0.64
+0.06 (+10.34%)
EASTWOOD BIO-MEDICAL CANADA / EBM.CA FAQ
What is the ChartMill technical rating of EASTWOOD BIO-MEDICAL CANADA (EBM.CA) stock?
ChartMill assigns a technical rating of 3 / 10 to EBM.CA.
What is the current trend direction of EASTWOOD BIO-MEDICAL CANADA (EBM.CA) stock?
The current trend direction for EASTWOOD BIO-MEDICAL CANADA (EBM.CA) is Bearish.
Can you provide the RSI signal for EASTWOOD BIO-MEDICAL CANADA?
EASTWOOD BIO-MEDICAL CANADA (EBM.CA) has an RSI value of 43.1928. This indicates that the stock is currently neutral.
What is the MACD signal for EBM stock?
The MACD indicator for EASTWOOD BIO-MEDICAL CANADA (EBM.CA) has a value of -0.0378585, indicating a bearish trend.