Edison SpA (EDNR.MI) Technical Analysis
BIT:EDNR • IT0003372205
Current stock price
EDNR.MI Technical Rating and Analysis
We assign a technical rating of 1 out of 10 to EDNR. 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 short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- Warning: EDNR has an average volume of 6135 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 in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
- 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 46% of all stocks.
- EDNR is an average performer in the Independent Power and Renewable Electricity Producers industry, it outperforms 68% of 23 stocks in the same industry.
- EDNR is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so EDNR is lagging the market.
- Considerably lower volume is observed in the last couple of days.
EDNR.MI Weekly and Daily overview Charts
EDNR.MI Setup Rating and Analysis
EDNR has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 2.18, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for EDNR in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
EDNR.MI Support and Resistance Analysis
1.77
When analyzing the support we can see 2 important areas.
- A support zone ranging from 2.13 to 2.18. 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.
4 important resistance areas can be observed.
- A resistance zone ranging from 2.21 to 2.23. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 2.27 to 2.29. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 2.36 to 2.36. 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 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 | DOWN | NEGATIVE | The short term trend for EDNR.MI is down. |
| ChartMill Relative Strength | 46.53 | 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 | MIXED | The current price of EDNR.MI is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 46.04 | NEUTRAL | The RSI value for EDNR.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests EDNR.MI has a positive trend. |
| Stochastics (14,3) | 38.09 | NEUTRAL | The Stochastics value for EDNR.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 1.72 | LOW VOLATILITY | The low ATR as a percentage value for EDNR.MI suggests low volalility. |
| Average Directional Index/ADX (14) | 25.51 | POSITIVE | The high ADX value value for EDNR.MI suggests a strong trend. |
EDNR.MI Chart- and CandleStick Pattern Analysis
EDNR.MI Technicals: Chart, Performance Metrics, Trend & Indicators
BIT:EDNR (4/16/2026, 10:27:59 AM)
2.205
+0 (+0.23%)
Edison SpA / EDNR.MI TA FAQ
What is the ChartMill technical rating of Edison SpA (EDNR.MI) stock?
ChartMill assigns a technical rating of 1 / 10 to EDNR.MI.
What is the current trend direction of Edison SpA (EDNR.MI) stock?
The current trend direction for Edison SpA (EDNR.MI) is Bearish.
Can you provide the RSI signal for Edison SpA?
Edison SpA (EDNR.MI) has an RSI value of 46.0434. This indicates that the stock is currently neutral.
Can you provide the short term momentum for Edison SpA?
The short term momentum for Edison SpA (EDNR.MI) is negative.
What are the support and resistance levels for Edison SpA (EDNR.MI) stock?
Edison SpA (EDNR.MI) has a support level at 2.18 and a resistance level at 2.21. Check the full technical report for our detailed analysis of EDNR.MI support and resistance levels.