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Electricite de France (EDF.PA) Stock Technical Analysis

EPA:EDF - Euronext Paris - Matif - FR0010242511 - Common Stock - Currency: EUR

12  0 (0%)

Technical Rating and Analysis

7

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 part of the Electric Utilities industry. There are 16 other stocks in this industry. EDF outperforms 86% of them.
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.
When comparing the yearly performance of all stocks, we notice that EDF is one of the better performing stocks in the market, outperforming 95% of all 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.
Weekly and Daily overview Charts
Electricite de France / EDF Weekly stock chart
Electricite de France / EDF Daily stock chart
Setup Rating and Analysis

6

EDF has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 11.99, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

11.65

12.19

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.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS95.34
Mansfield0.04
10 Day High12.03
10 Day Low12
20 Day High12.03
20 Day Low11.9
52 Week High12.07
52 Week Low7.27
Performance
1 Week0%
2 Weeks0.13%
1 Month0.76%
3 Month0.84%
6 Month0.59%
12 Month41.54%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0
RSI(14)78.19
LBB11.94
UBB12.04
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.

ENTRYEXITDISTANCECAPITAL
12.0411.990.04 (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 trade has a worst case loss of 0.04 points, which is 0.37%.When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.09%.

  • 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.
Electricite de France / EDF Daily stock chart

Electricite de France

EPA:EDF (5/17/2023, 7:00:00 PM)

12

0 (0%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryElectric Utilities
Performance
% Chg0%
1 Week0%
2 Weeks0.13%
1 Month0.76%
3 Month0.84%
6 Month0.59%
12 Month41.54%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.02
ATR(20)%0.14%
ATR Inc-47.17%
Range Today0.01
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS95.34
Mansfield0.04
10 Day High12.03
10 Day Low12
20 Day High12.03
20 Day Low11.9
52 Week High12.07
52 Week Low7.27
CS1 End11.99
CR1 Start12
Volume & EV
DER(3)1.29%
DER(5)0.99%
Volume238.07K
Volume Incr-76%
Vol(5)369.27K
Vol(50)892.98K