EDISON LITHIUM CORP (EDDY.CA) Technical Analysis
TSX-V:EDDY • CA28103Q2080
We assign a technical rating of 9 out of 10 to EDDY. Both in the recent history as in the last year, EDDY has proven to be a steady performer, scoring decent points in every aspect analyzed.
- In the last month EDDY has a been trading in the 0.08 - 0.18 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.
- The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
- When comparing the yearly performance of all stocks, we notice that EDDY is one of the better performing stocks in the market, outperforming 83% of all stocks.
- EDDY is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so EDDY is lagging the market.
Although EDDY has an excellent technical rating, it does not present a decent entry opportunity 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
0.07
We found 3 important support areas.
- A support zone ranging from 0.10 to 0.10. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @0.08 from a horizontal line in the daily time frame.
- Support @0.07 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 0.12 to 0.12. This zone is formed by a combination of multiple trend lines and important moving averages 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 | UP | POSITIVE | The long term trend for EDDY.CA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for EDDY.CA is neutral. |
| ChartMill Relative Strength | 83.39 | POSITIVE | EDDY.CA has a high relative strength, it outperformed 83.39% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of EDDY.CA is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of EDDY.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of EDDY.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 46.46 | NEUTRAL | The RSI value for EDDY.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests EDDY.CA has a negative trend. |
| Stochastics (14,3) | 16.07 | OVERSOLD | The low Stochastics value suggests EDDY.CA may be oversold. |
| Average True Range in percent/ATR (20) | 14.32 | HIGH VOLATILITY | The high ATR as a percentage value for EDDY.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 39.67 | POSITIVE | The high ADX value value for EDDY.CA suggests a strong trend. |
EDDY.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX-V:EDDY (3/9/2026, 7:00:00 PM)
0.11
0 (0%)
EDISON LITHIUM CORP / EDDY.CA FAQ
Can you provide the ChartMill technical rating for EDISON LITHIUM CORP?
ChartMill assigns a technical rating of 9 / 10 to EDDY.CA.
Can you provide the trend direction for EDISON LITHIUM CORP?
The current trend direction for EDISON LITHIUM CORP (EDDY.CA) is Bullish.
What is the RSI signal for EDISON LITHIUM CORP (EDDY.CA) stock?
EDISON LITHIUM CORP (EDDY.CA) has an RSI value of 46.4583. This indicates that the stock is currently neutral.
Can you provide the short term momentum for EDISON LITHIUM CORP?
The short term momentum for EDISON LITHIUM CORP (EDDY.CA) is neutral.
What is the support and resistance level for EDDY stock?
EDISON LITHIUM CORP (EDDY.CA) has a support level at 0.1 and a resistance level at 0.12. Check the full technical report for our detailed analysis of EDDY.CA support and resistance levels.