EDM RESOURCES INC (EDM.CA) Technical Analysis
TSX-V:EDM • CA2683331011
Current stock price
EDM.CA Technical Rating and Analysis
Taking everything into account, EDM scores 9 out of 10 in our technical rating. Both in the recent history as in the last year, EDM has proven to be a steady performer, scoring decent points in every aspect analyzed.
- Both the short term and long term trends are positive. This is a very positive sign.
- Looking at the yearly performance, EDM did better than 95% of all other stocks. On top of that, EDM also shows a nice and consistent pattern of rising prices.
- EDM is part of the Metals & Mining industry. There are 801 other stocks in this industry. EDM outperforms 89% of them.
- 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.
- In the last month EDM has a been trading in the 0.23 - 0.34 range, which is quite wide. It is currently trading near the high of this range.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
EDM.CA Weekly and Daily overview Charts
EDM.CA Setup Rating and Analysis
Although EDM has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
EDM.CA Support and Resistance Analysis
0.25
2 important support areas can be observed.
- A support zone ranging from 0.26 to 0.26. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @0.25 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 0.35 to 0.35. This zone is formed by a combination of multiple trend lines in multiple time frames.
EDM.CA 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 EDM.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for EDM.CA is up. |
| ChartMill Relative Strength | 95.68 | POSITIVE | EDM.CA has a high relative strength, it outperformed 95.68% 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) | DOWN | MIXED | The current price of EDM.CA is above a declining 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) | 65.55 | NEUTRAL | The RSI value for EDM.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests EDM.CA has a positive trend. |
| Stochastics (14,3) | 79.77 | NEUTRAL | The Stochastics value for EDM.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 6.73 | HIGH VOLATILITY | The high ATR as a percentage value for EDM.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 16.24 | NEGATIVE | The low ADX value for EDM.CA suggests a weak or negative trend. |
EDM.CA Chart- and CandleStick Pattern Analysis
EDM.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX-V:EDM (4/23/2026, 7:00:00 PM)
0.325
+0.04 (+14.04%)
EDM RESOURCES INC / EDM.CA TA 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.
Can you provide the RSI signal for EDM RESOURCES INC?
EDM RESOURCES INC (EDM.CA) has an RSI value of 65.5507. This indicates that the stock is currently neutral.
Can you provide the MACD signal for EDM RESOURCES INC?
The MACD indicator for EDM RESOURCES INC (EDM.CA) has a value of 0.00739094, indicating a bearish trend.
What are the support and resistance levels for EDM RESOURCES INC (EDM.CA) stock?
EDM RESOURCES INC (EDM.CA) has a support level at 0.26 and a resistance level at 0.35. Check the full technical report for our detailed analysis of EDM.CA support and resistance levels.