EDM RESOURCES INC (EDM.CA) Stock Technical Analysis
TSX-V:EDM • CA2683331011
We assign a technical rating of 9 out of 10 to EDM. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, EDM is showing a nice and steady performance.
- The long and short term trends are both positive. This is looking good!
- EDM is one of the better performing stocks in the Metals & Mining industry, it outperforms 85% of 800 stocks in the same industry.
- EDM is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so EDM is lagging the market slightly.
- When comparing the yearly performance of all stocks, we notice that EDM is one of the better performing stocks in the market, outperforming 94% of all stocks. However, this relatively good performance is mostly due to a recent big move.
- In the last month EDM has a been trading in the 0.23 - 0.39 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Considerably lower volume is observed in the last couple of days.
EDM has an excellent technical rating, but the quality of the setup is only medium 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
0.27
When analyzing the support we notice one important area.
- Support @0.27 from a trend 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 EDM.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for EDM.CA is up. |
| ChartMill Relative Strength | 94.55 | POSITIVE | EDM.CA has a high relative strength, it outperformed 94.55% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of EDM.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of EDM.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of EDM.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 58.95 | NEUTRAL | The RSI value for EDM.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests EDM.CA has a negative trend. |
| Stochastics (14,3) | 63.64 | NEUTRAL | The Stochastics value for EDM.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 11.48 | HIGH VOLATILITY | The high ATR as a percentage value for EDM.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 46.21 | POSITIVE | The high ADX value value for EDM.CA suggests a strong trend. |
TSX-V:EDM (2/18/2026, 7:00:00 PM)
0.32
0 (0%)
EDM RESOURCES INC / EDM.CA FAQ
What is the technical rating for EDM stock?
ChartMill assigns a technical rating of 9 / 10 to EDM.CA.
What is the trend direction for EDM stock?
The current trend direction for EDM RESOURCES INC (EDM.CA) is Bullish.
What is the RSI signal for EDM RESOURCES INC (EDM.CA) stock?
EDM RESOURCES INC (EDM.CA) has an RSI value of 58.954. This indicates that the stock is currently neutral.
What is the MACD signal for EDM stock?
The MACD indicator for EDM RESOURCES INC (EDM.CA) has a value of -0.00074807, indicating a bearish trend.
What is the short term momentum for EDM RESOURCES INC (EDM.CA) stock?
The short term momentum for EDM RESOURCES INC (EDM.CA) is positive.