EDISON LITHIUM CORP (EDDY.CA) Stock Technical Analysis
Canada - TSX-V:EDDY - CA28103Q2080 - Common Stock
Overall EDDY gets a technical rating of 8 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, EDDY is only an average performer.
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.
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0.07
When analyzing the support we can see 3 important areas.
- A support zone ranging from 0.09 to 0.09. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 0.08 to 0.08. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 0.07 to 0.07. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance 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.
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 | UP | POSITIVE | The short term trend for EDDY.CA is up. |
| ChartMill Relative Strength | 69.11 | NEUTRAL | EDDY.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of EDDY.CA is above 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) | DOWN | MIXED | The current price of EDDY.CA is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 53.91 | NEUTRAL | The RSI value for EDDY.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests EDDY.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 53.33 | NEUTRAL | The Stochastics value for EDDY.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 8.68 | HIGH VOLATILITY | The high ATR as a percentage value for EDDY.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 15.3 | NEGATIVE | The low ADX value for EDDY.CA suggests a weak or negative trend. |
TSX-V:EDDY (11/4/2025, 7:00:00 PM)
0.095
-0.01 (-5%)
EDISON LITHIUM CORP / EDDY.CA FAQ
Can you provide the ChartMill technical rating for EDISON LITHIUM CORP?
ChartMill assigns a technical rating of 8 / 10 to EDDY.CA.
What is the trend direction for EDDY stock?
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 53.9065. This indicates that the stock is currently neutral.
Can you provide the MACD signal for EDISON LITHIUM CORP?
The MACD indicator for EDISON LITHIUM CORP (EDDY.CA) has a value of 0.00143117, indicating a bearish trend.
What is the buy/sell signal for EDISON LITHIUM CORP (EDDY.CA) stock?
The buy/sell signal for EDISON LITHIUM CORP (EDDY.CA) is buy as both the short term and long term trends are positive.