Edison SpA (EDNR.MI) Stock Technical Analysis
BIT:EDNR • IT0003372205
Taking everything into account, EDNR scores 3 out of 10 in our technical rating. EDNR has been an average performer in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
- Warning: EDNR has an average volume of 4720 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- EDNR is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so EDNR is lagging the market slightly.
- The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
- When compared to the yearly performance of all other stocks, EDNR outperforms 49% of them, which is more or less in line with the market.
- EDNR is part of the Independent Power and Renewable Electricity Producers industry. There are 23 other stocks in this industry, EDNR did better than 68% of them.
- In the last month EDNR has a been trading in a tight range between 2.36 and 2.44.
- Volume is considerably higher in the last couple of days.
The technical rating of EDNR is bad and it also does not present a 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
1.75
When analyzing the support we can see 3 important areas.
- A support zone ranging from 2.33 to 2.34. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @2.09 from a trend line in the weekly time frame.
- Support @1.77 from a trend line in the weekly time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 2.40 to 2.44. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @2.49 from a horizontal line in the daily time frame.
- A resistance zone ranging from 2.57 to 2.60. 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 | UP | POSITIVE | The long term trend for EDNR.MI is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for EDNR.MI is down. |
| ChartMill Relative Strength | 49.2 | NEUTRAL | EDNR.MI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of EDNR.MI is below 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) | 44 | 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) | 11.47 | OVERSOLD | The low Stochastics value suggests EDNR.MI may be oversold. |
| Average True Range in percent/ATR (20) | 0.72 | LOW VOLATILITY | The low ATR as a percentage value for EDNR.MI suggests low volalility. |
| Average Directional Index/ADX (14) | 16.54 | NEGATIVE | The low ADX value for EDNR.MI suggests a weak or negative trend. |
BIT:EDNR (2/12/2026, 5:29:48 PM)
2.378
+0.02 (+0.76%)
Edison SpA / EDNR.MI FAQ
What is the ChartMill technical rating of Edison SpA (EDNR.MI) stock?
ChartMill assigns a technical rating of 3 / 10 to EDNR.MI.
Can you provide the trend direction for Edison SpA?
The current trend direction for Edison SpA (EDNR.MI) is Bullish.
What is the RSI signal for Edison SpA (EDNR.MI) stock?
Edison SpA (EDNR.MI) has an RSI value of 44.001. 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 -0.00498351, indicating a bearish trend.
What is the buy/sell signal for Edison SpA (EDNR.MI) stock?
The buy/sell signal for Edison SpA (EDNR.MI) is hold as the short term and long term trends are mixed.