EDISON LITHIUM CORP (EDDY.CA) Stock Technical Analysis
Canada - TSX Venture Exchange - TSX-V:EDDY - CA28103Q2080 - Common Stock
We assign a technical rating of 0 out of 10 to EDDY. EDDY 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 long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
- 96% of all other stocks performed better in the past year than EDDY.
- EDDY is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- In the last month EDDY has a been trading in the 0.06 - 0.07 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
The technical rating of EDDY 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
0.06
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 0.07 to 0.07. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @0.08 from a horizontal line in the daily time frame.
- Resistance @0.09 from a trend line in the weekly time frame.
- Resistance @0.12 from a trend line in the daily 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 | DOWN | NEGATIVE | The long term trend for EDDY.CA is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for EDDY.CA is neutral. |
| ChartMill Relative Strength | 4.34 | NEGATIVE | EDDY.CA has a low relative strength, it was outperformed by 95.66% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of EDDY.CA is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of EDDY.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of EDDY.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 48.75 | 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) | 66.67 | NEUTRAL | The Stochastics value for EDDY.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 4.62 | MEDIUM VOLATILITY | The ATR as a percentage value for EDDY.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 18.08 | NEGATIVE | The low ADX value for EDDY.CA suggests a weak or negative trend. |
TSX-V:EDDY (1/19/2026, 7:00:00 PM)
0.065
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 0 / 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 Bearish.
What is the RSI signal for EDISON LITHIUM CORP (EDDY.CA) stock?
EDISON LITHIUM CORP (EDDY.CA) has an RSI value of 48.754. 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 resistance level at 0.07. Check the full technical report for our detailed analysis of EDDY.CA support and resistance levels.