Electricite de France (EDF.PA) Technical Analysis
EPA:EDF • FR0010242511
Current stock price
EDF.PA Technical Rating and Analysis
We assign a technical rating of 7 out of 10 to EDF. EDF has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
- The long and short term trends are both positive. This is looking good!
- EDF is one of the better performing stocks in the Electric Utilities industry, it outperforms 100% of 26 stocks in the same industry.
- EDF is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so EDF is leading the market.
- Looking at the yearly performance, EDF did better than 95% of all other stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
- In the last month EDF has a been trading in a tight range between 11.90 and 12.03.
- Considerably lower volume is observed in the last couple of days.
EDF.PA Weekly and Daily overview Charts
EDF.PA Setup Rating and Analysis
EDF has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 11.99, a Stop Loss order could be placed below this zone.
More info and screens
EDF.PA Support and Resistance Analysis
11.65
When analyzing the support we notice one important area.
- A support zone ranging from 11.77 to 11.99. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 12.00 to 12.07. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
EDF.PA Technical Indicator Signal Analysis
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 EDF.PA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for EDF.PA is up. |
| ChartMill Relative Strength | 95.34 | POSITIVE | EDF.PA has a high relative strength, it outperformed 95.34% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of EDF.PA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of EDF.PA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of EDF.PA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 78.19 | OVERBOUGHT | The high RSI value suggests EDF.PA may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests EDF.PA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 79.09 | NEUTRAL | The Stochastics value for EDF.PA is a neutral value. |
| Average True Range in percent/ATR (20) | 0.14 | LOW VOLATILITY | The low ATR as a percentage value for EDF.PA suggests low volalility. |
| Average Directional Index/ADX (14) | 58.92 | POSITIVE | The high ADX value value for EDF.PA suggests a strong trend. |
EDF.PA Chart- and CandleStick Pattern Analysis
EDF.PA Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 12.04 | 11.99 | 0.04 (0.37%) | 25.00% |
| An entry @12.04. This is a Buy Stop order right above the 10 day high. | An exit @11.99. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.04 points, which is 0.37%. | For a 0.09% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
EDF.PA Technicals: Chart, Performance Metrics, Trend & Indicators
EPA:EDF (5/17/2023, 7:00:00 PM)
12
0 (0%)
Electricite de France / EDF.PA TA FAQ
What is the ChartMill technical rating of Electricite de France (EDF.PA) stock?
ChartMill assigns a technical rating of 6 / 10 to EDF.PA.
What is the trend direction for EDF stock?
The current trend direction for Electricite de France (EDF.PA) is Bullish.
Can you provide the RSI signal for Electricite de France?
Electricite de France (EDF.PA) has an RSI value of 78.1909. This indicates that the stock is currently overbought.
What is the short term momentum for EDF stock?
The short term momentum for Electricite de France (EDF.PA) is positive.
What is the support and resistance level for EDF stock?
Electricite de France (EDF.PA) has a support level at 11.99 and a resistance level at 12. Check the full technical report for our detailed analysis of EDF.PA support and resistance levels.