EDM RESOURCES INC (EDM.CA) Stock Technical Analysis
Canada - TSX-V:EDM - CA2683331011 - Common Stock
0.095 CAD
+0.01 (+5.56%)
We assign a technical rating of 4 out of 10 to EDM. Recently some decent action could be observed, but in the medium term time frame this is still negative. EDM was also a bad performer in the overall market in the last year.
When comparing the yearly performance of all stocks, EDM is a bad performer in the overall market: 80% of all stocks are doing better.
EDM is one of the lesser performing stocks in the Metals & Mining industry. 72% of 807 stocks in the same industry do better.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
EDM is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so EDM is lagging the market.
In the last month EDM has a been trading in the 0.09 - 0.10 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
EDM has an average technical rating and it also does not offer a high 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
0.07
0.10
When analyzing the support we can see 2 important areas.
- A support zone ranging from 0.09 to 0.09. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 0.07 to 0.07. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | NEUTRAL | NEUTRAL | The long term trend for EDM.CA is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for EDM.CA is up. |
| ChartMill Relative Strength | 20.16 | NEGATIVE | EDM.CA has a low relative strength, it was outperformed by 79.84% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of EDM.CA is above a declining 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) | DOWN | NEGATIVE | The current price of EDM.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 56.31 | 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, although the MACD value is rising. |
| Stochastics (14,3) | 44.44 | NEUTRAL | The Stochastics value for EDM.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 3.42 | MEDIUM VOLATILITY | The ATR as a percentage value for EDM.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 21.66 | NEUTRAL | The ADX value for EDM.CA suggests a possible start of a new 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)
TSX-V:EDM (9/19/2025, 7:00:00 PM)
0.095
+0.01 (+5.56%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg5.56%
1 Week5.56%
2 Weeks0%
1 Month0%
3 Month26.67%
6 Month5.56%
12 Month-29.63%
2 Year-53.66%
3 Year-82.08%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0
ATR(20)%3.42%
ATR Inc-12.5%
Range Today0
ADR(20)0
ADR(20)%1.32%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS20.16
Mansfield-1.71
10 Day High0.1
10 Day Low0.09
20 Day High0.1
20 Day Low0.09
52 Week High0.17
52 Week Low0.06
CS1 End0.09
CR1 StartN/A
Volume & EV
DER(3)0%
DER(5)0%
Volume100.11K
Volume Incr18.31%
Vol(5)44.16K
Vol(50)50.58K