EVERBRIGHT DIGITAL HOLDING L (EDHL) Stock Technical Analysis
NASDAQ:EDHL - Nasdaq - KYG322121057 - Common Stock - Currency: USD
Overall EDHL gets a technical rating of 3 out of 10. EDHL performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
100% of all other stocks performed better in the past year than EDHL.
EDHL is one of the lesser performing stocks in the Media industry. 88% of 97 stocks in the same industry do better.
In the last month EDHL has a been trading in the 4.08 - 6.88 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
EDHL has an average volume of 1077720 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The technical rating of EDHL 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
0.86
6.28
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 4.29 to 4.31. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @6.22 from a horizontal 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 | UP | POSITIVE | The long term trend for EDHL is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for EDHL is neutral. |
| ChartMill Relative Strength | 0 | NEGATIVE | EDHL has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of EDHL is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of EDHL is below the rising SMA(50). |
| Relative Strength Index/RSI (14) | 33.57 | NEUTRAL | The RSI value for EDHL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.19 | NEGATIVE | The MACD value suggests EDHL has a negative trend. |
| Stochastics (14,3) | 39.24 | NEUTRAL | The Stochastics value for EDHL is a neutral value. |
| Average True Range in percent/ATR (20) | 16.07 | HIGH VOLATILITY | The high ATR as a percentage value for EDHL suggests high volalility. |
| Average Directional Index/ADX (14) | 35.46 | POSITIVE | The high ADX value value for EDHL suggests a strong 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)
NASDAQ:EDHL (7/14/2025, 10:00:08 AM)
0.8695
-3.43 (-79.78%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryMedia
Performance
% Chg-79.78%
1 Week-29.97%
2 Weeks-26.62%
1 Month-15.69%
3 MonthN/A
6 MonthN/A
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.79
ATR(20)%16.07%
ATR Inc114.58%
Range Today0.38
ADR(20)0.68
ADR(20)%78.5%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High6.88
10 Day Low4.08
20 Day High6.88
20 Day Low4.08
52 Week HighN/A
52 Week LowN/A
CS1 End4.29
CR1 Start6.22
Volume & EV
DER(3)-18.95%
DER(5)-11.56%
Volume9.54M
Volume Incr441.89%
Vol(5)6.01M
Vol(50)1.08M