EDP SA (EDP.LS) Stock Technical Analysis
ELI:EDP - Euronext Lisbon - PTEDP0AM0009 - Common Stock - Currency: EUR
We assign a technical rating of 6 out of 10 to EDP. EDP has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
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!
EDP has an average volume of 7890040 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the performance of all stocks over the past year, EDP turns out to be only a medium performer in the overall market: it outperformed 60% of all stocks.
EDP is an average performer in the Electric Utilities industry, it outperforms 43% of 17 stocks in the same industry.
EDP is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so EDP is lagging the market.
In the last month EDP has a been trading in a tight range between 3.70 and 3.91.
Although the technical rating is only medium, EDP does present a nice setup opportunity. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 3.73, a Stop Loss order could be placed below this zone.
More info and screens
2.87
3.95
When analyzing the support we can see 3 important areas.
- A support zone ranging from 3.65 to 3.73. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @3.20 from a horizontal line in the daily time frame.
- Support @2.90 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 3.80 to 3.91. 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 EDP.LS is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for EDP.LS is neutral. |
| ChartMill Relative Strength | 60.23 | NEUTRAL | EDP.LS is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of EDP.LS is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of EDP.LS is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of EDP.LS is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 48.35 | NEUTRAL | The RSI value for EDP.LS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests EDP.LS has a negative trend. |
| Stochastics (14,3) | 21.97 | NEUTRAL | The Stochastics value for EDP.LS is a neutral value. |
| Average True Range in percent/ATR (20) | 1.73 | LOW VOLATILITY | The low ATR as a percentage value for EDP.LS suggests low volalility. |
| Average Directional Index/ADX (14) | 29.23 | POSITIVE | The high ADX value value for EDP.LS 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)
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 |
|---|---|---|---|
| 3.81 | 3.69 | 0.12 (3.17%) | 25.00% |
| An entry @3.81. This is a Buy Stop order right above the 10 day moving average. | An exit @3.69. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.12 points, which is 3.17%. | For a 0.79% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- 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.
ELI:EDP (8/4/2025, 7:00:00 PM)
3.753
+0.01 (+0.29%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryElectric Utilities
Performance
% Chg0.29%
1 Week-2.01%
2 Weeks-1.52%
1 Month-0.82%
3 Month14.98%
6 Month27.52%
12 Month1.51%
2 Year-10.77%
3 Year-21.19%
5 Year-11.53%
10 Year20.06%
15 Year56.38%
Volatility
ATR(14)0.07
ATR(20)%1.73%
ATR Inc-0.74%
Range Today0.04
ADR(20)0.06
ADR(20)%1.66%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS60.23
Mansfield0.04
10 Day High3.91
10 Day Low3.7
20 Day High3.91
20 Day Low3.7
52 Week High4.15
52 Week Low2.88
CS1 End3.73
CR1 Start3.8
Volume & EV
DER(3)2.41%
DER(5)-0.34%
Volume7.17M
Volume Incr34.25%
Vol(5)9.62M
Vol(50)7.89M