EASTWOOD BIO-MEDICAL CANADA (EBM.CA) Stock Technical Analysis
TSX-V:EBM - TSX Venture Exchange - CA27783W1059 - Common Stock - Currency: CAD
Taking everything into account, EBM scores 0 out of 10 in our technical rating. EBM scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, EBM is a bad performer in the overall market: 87% of all stocks are doing better.
EBM is one of the lesser performing stocks in the Health Care Providers & Services industry. 71% of 15 stocks in the same industry do better.
EBM is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
Warning: EBM has an average volume of 5006 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
In the last month EBM has a been trading in the 0.29 - 0.48 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is bad, EBM does present a nice setup opportunity. Prices have been consolidating lately. We notice that large players showed an interest for EBM in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
0.31
1.01
When analyzing the support we can see 2 important areas.
- Support @0.34 from a trend line in the weekly time frame.
- Support @0.31 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 7 important areas.
- A resistance zone ranging from 0.43 to 0.43. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @0.44 from a horizontal line in the daily time frame.
- Resistance @0.45 from a trend line in the daily time frame.
- Resistance @0.50 from a horizontal line in the daily time frame.
- Resistance @0.64 from a trend line in the weekly time frame.
- Resistance @0.74 from a trend line in the weekly time frame.
- A resistance zone ranging from 1.00 to 1.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | DOWN | NEGATIVE | The long term trend for EBM.CA is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for EBM.CA is neutral. |
| ChartMill Relative Strength | 13.59 | NEGATIVE | EBM.CA has a low relative strength, it was outperformed by 86.41% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of EBM.CA is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of EBM.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of EBM.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 50.41 | NEUTRAL | The RSI value for EBM.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests EBM.CA has a positive trend. |
| Stochastics (14,3) | 57.75 | NEUTRAL | The Stochastics value for EBM.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 14.33 | HIGH VOLATILITY | The high ATR as a percentage value for EBM.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 8.33 | NEGATIVE | The low ADX value for EBM.CA suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
TSX-V:EBM (8/6/2025, 7:00:00 PM)
0.41
-0.02 (-4.65%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Providers & Services
Performance
% Chg-4.65%
1 Week6.49%
2 Weeks10.81%
1 Month-8.89%
3 Month-4.65%
6 Month-41.43%
12 Month-18%
2 Year-51.76%
3 Year-68.7%
5 Year-72.67%
10 Year32.26%
15 YearN/A
Volatility
ATR(14)0.07
ATR(20)%14.33%
ATR Inc134.87%
Range Today0.1
ADR(20)0.03
ADR(20)%7.32%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS13.59
Mansfield-4.12
10 Day High0.49
10 Day Low0.3
20 Day High0.49
20 Day Low0.3
52 Week High1.15
52 Week Low0.28
CS1 End0.34
CR1 Start0.43
Volume & EV
DER(3)0%
DER(5)13.18%
Volume6.50K
Volume Incr-23.26%
Vol(5)5.51K
Vol(50)5.01K