LON:EDIN - London Exchange - GB0003052338 - Currency: GBX
We assign a technical rating of 5 out of 10 to EDIN. EDIN has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
Although the technical rating is only medium, EDIN does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 796.00. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 795.49, a Stop Loss order could be placed below this zone.
699.92
When analyzing the support we can see 2 important areas.
We found 1 important resistance area.
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 EDIN.L is up. |
ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for EDIN.L is neutral. |
ChartMill Relative Strength | 42.93 | NEUTRAL | EDIN.L is not amongst the best or worst performers on the market. |
Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of EDIN.L is below a declining SMA(20). |
Simple Moving Average/SMA (50) | UP | MIXED | The current price of EDIN.L is below the rising SMA(50). |
Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of EDIN.L is above the rising SMA(200). |
Relative Strength Index/RSI (14) | 50.31 | NEUTRAL | The RSI value for EDIN.L is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.8 | NEGATIVE | The MACD value suggests EDIN.L has a negative trend, although the MACD value is rising. |
Stochastics (14,3) | 54.63 | NEUTRAL | The Stochastics value for EDIN.L is a neutral value. |
Average True Range in percent/ATR (20) | 0.78 | LOW VOLATILITY | The low ATR as a percentage value for EDIN.L suggests low volalility. |
Average Directional Index/ADX (14) | 19.23 | NEGATIVE | The low ADX value for EDIN.L suggests a weak or negative trend. |
LON:EDIN (7/15/2025, 5:20:49 PM)
791
-5 (-0.63%)