Edison SpA (EDNR.MI) Stock Technical Analysis
Europe - Euronext Milan - BIT:EDNR - IT0003372205
2.335
-0.03 (-1.39%)
We assign a technical rating of 3 out of 10 to EDNR. In the last year, EDNR was a medium performer in the overall market. We are getting mixed signals now in both the short and medium term picture.
In the last month EDNR has a been trading in the 2.31 - 2.49 range, which is quite wide. It is currently trading near the lows of this range.
Warning: EDNR has an average volume of 6603 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
EDNR is one of the better performing stocks in the Independent Power and Renewable Electricity Producers industry, it outperforms 75% of 21 stocks in the same industry.
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.
When compared to the yearly performance of all other stocks, EDNR outperforms 56% of them, which is more or less in line with the market.
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
1.73
2.63
3 important support areas can be observed.
- A support zone ranging from 2.33 to 2.33. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @2.05 from a trend line in the weekly time frame.
- Support @1.75 from a trend line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 2.34 to 2.39. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- 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 | NEUTRAL | NEUTRAL | The short term trend for EDNR.MI is neutral. |
| ChartMill Relative Strength | 56.01 | NEUTRAL | EDNR.MI is not amongst the best or worst performers 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) | 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) | 43.71 | 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, although the MACD value is declining. |
| Stochastics (14,3) | 67.1 | NEUTRAL | The Stochastics value for EDNR.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 1.2 | LOW VOLATILITY | The low ATR as a percentage value for EDNR.MI suggests low volalility. |
| Average Directional Index/ADX (14) | 27.12 | 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 (1/5/2026, 10:34:05 AM)
2.335
-0.03 (-1.39%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryIndependent Power and Renewable Electricity Producers
Performance
% Chg-1.39%
1 Week0.77%
2 Weeks0.85%
1 Month-3.54%
3 Month-4.9%
6 Month14.4%
12 Month23.01%
2 Year60.22%
3 Year50.83%
5 Year142.13%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.03
ATR(20)%1.2%
ATR Inc89.19%
Range Today0.02
ADR(20)0.02
ADR(20)%0.66%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS56.01
3 months CRS21.71
6 months CRS65.26
Mansfield0.13
10 Day High2.42
10 Day Low2.31
20 Day High2.49
20 Day Low2.31
52 Week High2.6
52 Week Low1.72
CS1 End2.36
CR1 Start2.57
Volume & EV
DER(3)3%
DER(5)1.8%
Volume12.25K
Volume Incr120.8%
Vol(5)8.05K
Vol(50)6.60K
Edison SpA / EDNR.MI FAQ
What is the ChartMill technical rating of Edison SpA (EDNR.MI) stock?
ChartMill assigns a technical rating of 4 / 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 43.7079. 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 0.00503207, indicating a bearish trend.