EDISON LITHIUM CORP (EDDY.CA) Stock Technical Analysis
Canada - TSX-V:EDDY - CA28103Q2080 - Common Stock
0.08 CAD
0 (0%)
Taking everything into account, EDDY scores 0 out of 10 in our technical rating. 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.
88% 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.
Warning: EDDY has an average volume of 23361 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
In the last month EDDY has a been trading in the 0.07 - 0.09 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
0.07
0.13
We found 1 important support area.
- 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.
3 important resistance areas can be observed.
- A resistance zone ranging from 0.09 to 0.09. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 0.10 to 0.10. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @0.13 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 | 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 | 12.68 | NEGATIVE | EDDY.CA has a low relative strength, it was outperformed by 87.32% 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) | 50.22 | 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) | 77.78 | NEUTRAL | The Stochastics value for EDDY.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 5 | MEDIUM VOLATILITY | The ATR as a percentage value for EDDY.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 17.88 | NEGATIVE | The low ADX value for EDDY.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:EDDY (9/19/2025, 7:00:00 PM)
0.08
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0%
1 Week0%
2 Weeks6.67%
1 Month0%
3 Month-11.11%
6 Month-15.79%
12 Month-11.11%
2 Year-55.56%
3 Year-81.82%
5 Year-66.67%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0
ATR(20)%5%
ATR Inc-41.67%
Range Today0
ADR(20)0
ADR(20)%1.88%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS12.68
Mansfield-2.02
10 Day High0.09
10 Day Low0.07
20 Day High0.09
20 Day Low0.07
52 Week High0.13
52 Week Low0.07
CS1 End0.07
CR1 Start0.09
Volume & EV
DER(3)0%
DER(5)0%
Volume49.00K
Volume Incr0.36%
Vol(5)19.85K
Vol(50)23.36K