Edison SpA (EDNR.MI) Technical Analysis
BIT:EDNR • IT0003372205
Current stock price
2.273
+0.05 (+2.16%)
Last:
EDNR.MI Technical Rating and Analysis
Taking everything into account, EDNR scores 2 out of 10 in our technical rating. EDNR has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
- Warning: EDNR has an average volume of 6000 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- In the last month EDNR has a been trading in the 2.12 - 2.30 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.
- When comparing the performance of all stocks over the past year, EDNR turns out to be only a medium performer in the overall market: it outperformed 65% of all stocks.
- EDNR is an average performer in the Independent Power and Renewable Electricity Producers industry, it outperforms 60% of 21 stocks in the same industry.
- EDNR is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so EDNR is lagging the market slightly.
EDNR.MI Weekly and Daily overview Charts
EDNR.MI Setup Rating and Analysis
EDNR has a poor technical rating and the quality of the setup is also not perfect 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
EDNR.MI Support and Resistance Analysis
1.77
2.63
When analyzing the support we can see 2 important areas.
- A support zone ranging from 2.13 to 2.15. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @1.79 from a trend line in the weekly time frame.
We can see 4 important resistance areas.
- A resistance zone ranging from 2.38 to 2.38. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 2.42 to 2.44. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @2.49 from a horizontal line in the daily time frame.
- A resistance zone ranging from 2.56 to 2.60. This zone is formed by a combination of multiple trend lines in multiple time frames.
EDNR.MI 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 | DOWN | NEGATIVE | The long term trend for EDNR.MI is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for EDNR.MI is neutral. |
| ChartMill Relative Strength | 65.85 | NEUTRAL | EDNR.MI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of EDNR.MI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of EDNR.MI is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of EDNR.MI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 52.85 | NEUTRAL | The RSI value for EDNR.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests EDNR.MI has a positive trend. |
| Stochastics (14,3) | 64.5 | NEUTRAL | The Stochastics value for EDNR.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 2.02 | MEDIUM VOLATILITY | The ATR as a percentage value for EDNR.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 35.35 | POSITIVE | The high ADX value value for EDNR.MI suggests a strong trend. |
EDNR.MI Chart- and CandleStick Pattern Analysis
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)
EDNR.MI Technicals: Chart, Performance Metrics, Trend & Indicators
BIT:EDNR (3/27/2026, 5:29:48 PM)
2.273
+0.05 (+2.16%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryIndependent Power and Renewable Electricity Producers
Performance
% Chg2.16%
1 Week6.21%
2 Weeks2.85%
1 Month1.02%
3 Month-4.09%
6 Month-2.86%
12 Month22.2%
2 Year44.04%
3 Year63.53%
5 Year118.56%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.05
ATR(20)%2.02%
ATR Inc-20.9%
Range Today0.05
ADR(20)0.03
ADR(20)%1.48%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS65.85
3 months CRS37.65
6 months CRS35.16
Mansfield0.35
10 Day High2.28
10 Day Low2.12
20 Day High2.3
20 Day Low2.12
52 Week High2.6
52 Week Low1.72
CS1 End2.15
CR1 Start2.38
Volume & EV
DER(3)18.73%
DER(5)14.33%
Volume14.39K
Volume Incr23.58%
Vol(5)9.47K
Vol(50)6.00K
Edison SpA / EDNR.MI TA FAQ
What is the ChartMill technical rating of Edison SpA (EDNR.MI) stock?
ChartMill assigns a technical rating of 2 / 10 to EDNR.MI.
Can you provide the trend direction for Edison SpA?
The current trend direction for Edison SpA (EDNR.MI) is Bearish.
What is the RSI signal for Edison SpA (EDNR.MI) stock?
Edison SpA (EDNR.MI) has an RSI value of 52.8488. This indicates that the stock is currently neutral.
What is the MACD signal for EDNR stock?
The MACD indicator for Edison SpA (EDNR.MI) has a value of 0.00946401, indicating a bearish trend.