Edison SpA (EDNR.MI) Stock Technical Analysis
Europe - BIT:EDNR - IT0003372205
We assign a technical rating of 10 out of 10 to EDNR. Both in the recent history as in the last year, EDNR has proven to be a steady performer, scoring decent points in every aspect analyzed.
EDNR has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 2.50, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
1.74
6 important support areas can be observed.
- A support zone ranging from 2.48 to 2.50. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @2.29 from a trend line in the daily time frame.
- A support zone ranging from 2.17 to 2.17. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @1.99 from a trend line in the weekly time frame.
- Support @1.80 from a trend line in the weekly time frame.
- Support @1.76 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 2.54 to 2.60. 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 | 81.93 | POSITIVE | EDNR.MI has a high relative strength, it outperformed 81.93% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of EDNR.MI is below a declining 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) | 53.14 | NEUTRAL | The RSI value for EDNR.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests EDNR.MI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 44.44 | NEUTRAL | The Stochastics value for EDNR.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 1.76 | LOW VOLATILITY | The low ATR as a percentage value for EDNR.MI suggests low volalility. |
| Average Directional Index/ADX (14) | 31.14 | POSITIVE | The high ADX value value for EDNR.MI suggests a strong trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 2.55 | 2.48 | 0.07 (2.82%) | 25.00% |
| An entry @2.55. This is a Buy Stop order right above the 10 day moving average. | An exit @2.48. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.07 points, which is 2.82%. | For a 0.70% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of EDNR. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
BIT:EDNR (11/7/2025, 5:29:20 PM)
2.515
+0.02 (+0.6%)
Edison SpA / EDNR.MI FAQ
Can you provide the ChartMill technical rating for Edison SpA?
ChartMill assigns a technical rating of 10 / 10 to EDNR.MI.
What is the trend direction for EDNR stock?
The current trend direction for Edison SpA (EDNR.MI) is Bullish.
Can you provide the RSI signal for Edison SpA?
Edison SpA (EDNR.MI) has an RSI value of 53.1397. This indicates that the stock is currently neutral.
What is the buy/sell signal for Edison SpA (EDNR.MI) stock?
The buy/sell signal for Edison SpA (EDNR.MI) is buy as both the short term and long term trends are positive.
Can you provide the support and resistance levels for Edison SpA?
Edison SpA (EDNR.MI) has a support level at 2.5 and a resistance level at 2.54. Check the full technical report for our detailed analysis of EDNR.MI support and resistance levels.