Edison SpA (EDNR.MI) Stock Technical Analysis
BIT:EDNR - Euronext Milan - IT0003372205
Taking everything into account, EDNR scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, EDNR is showing a nice and steady performance.
Warning: EDNR has an average volume of 6365 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that EDNR is one of the better performing stocks in the market, outperforming 82% of all stocks. We also observe that the gains produced by EDNR over the past year are nicely spread over this period.
EDNR is one of the better performing stocks in the Independent Power and Renewable Electricity Producers industry, it outperforms 85% of 21 stocks in the same industry.
EDNR is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so EDNR is performing more or less in line with the market.
In the last month EDNR has a been trading in the 1.87 - 2.06 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
Although EDNR has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
1.70
2.08
When analyzing the support we can see 4 important areas.
- Support @1.86 from a trend line in the daily time frame.
- Support @1.81 from a trend line in the weekly time frame.
- A support zone ranging from 1.76 to 1.76. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @1.72 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 2.00 to 2.06. This zone is formed by a combination of multiple trend lines and important moving averages 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 | UP | POSITIVE | The long term trend for EDNR.MI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for EDNR.MI is up. |
| ChartMill Relative Strength | 82.8 | POSITIVE | EDNR.MI has a high relative strength, it outperformed 82.8% off all stocks 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) | UP | POSITIVE | The current price of EDNR.MI is above the rising 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) | 53.78 | NEUTRAL | The RSI value for EDNR.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests EDNR.MI has a negative trend. |
| Stochastics (14,3) | 44.94 | NEUTRAL | The Stochastics value for EDNR.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 1.23 | LOW VOLATILITY | The low ATR as a percentage value for EDNR.MI suggests low volalility. |
| Average Directional Index/ADX (14) | 26.85 | POSITIVE | The high ADX value value for EDNR.MI suggests a strong 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)
BIT:EDNR (6/19/2025, 5:24:45 PM)
1.969
-0.01 (-0.35%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryIndependent Power and Renewable Electricity Producers
Performance
% Chg-0.35%
1 Week-4.18%
2 Weeks0.2%
1 Month5.46%
3 Month4.46%
6 Month7.01%
12 Month31.88%
2 Year41.65%
3 Year62.73%
5 Year109.92%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.03
ATR(20)%1.23%
ATR Inc10.11%
Range Today0
ADR(20)0.02
ADR(20)%0.79%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS82.8
Mansfield0.62
10 Day High2.07
10 Day Low1.95
20 Day High2.07
20 Day Low1.87
52 Week High2.07
52 Week Low1.5
CS1 End1.86
CR1 Start2
Volume & EV
DER(3)-0.84%
DER(5)0.76%
Volume1
Volume Incr24.62%
Vol(5)10.02K
Vol(50)6.37K