Europe - BIT:EDME - IE00BHZPJ908 - ETF
Overall EDME gets a technical rating of 4 out of 10. In the last year, EDME was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
EDME has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
9.15
We found 1 important support area.
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 EDME.MI is up. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for EDME.MI is up. |
ChartMill Relative Strength | 0 | NEGATIVE | EDME.MI has a low relative strength, it was outperformed by 100% off all stocks on the market. |
Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of EDME.MI is above a declining SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of EDME.MI is above the rising SMA(50). |
Relative Strength Index/RSI (14) | 60.13 | NEUTRAL | The RSI value for EDME.MI is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.12 | POSITIVE | The MACD value suggests EDME.MI has a positive trend. |
Stochastics (14,3) | 97.36 | OVERBOUGHT | The high Stochastics value suggests EDME.MI may be overbought. |
Average True Range in percent/ATR (20) | 3.34 | MEDIUM VOLATILITY | The ATR as a percentage value for EDME.MI suggests some volalility. |
Average Directional Index/ADX (14) | 22.88 | NEUTRAL | The ADX value for EDME.MI suggests a possible start of a new trend. |
BIT:EDME (9/16/2025, 7:00:00 PM)
10.052
+0.49 (+5.15%)