EDP SA (EDP.LS)

PTEDP0AM0009 - Common Stock

3.757  -0.11 (-2.79%)

Technical Rating and Analysis

1

Overall EDP gets a technical rating of 1 out of 10. EDP's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.

When comparing the yearly performance of all stocks, EDP is a bad performer in the overall market: 77% of all stocks are doing better.
EDP is part of the Electric Utilities industry. There are 17 other stocks in this industry, of which 68% are performing better than EDP.
In the last month EDP has a been trading in the 3.79 - 4.14 range, which is quite wide. It is currently trading near the lows of this range.
EDP has an average volume of 6322860 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
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.
Weekly and Daily overview Charts
EDP Weekly chart
EDP Daily chart
Setup Rating and Analysis

3

The technical rating of EDP 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.

Support and Resistance Analysis

3.43

4.17

We found 2 important support areas.

  • Support @3.65 from a horizontal line in the daily time frame.
  • A support zone ranging from 3.46 to 3.54. This zone is formed by a combination of multiple trend lines in multiple time frames.

We can see 3 important resistance areas.

  • A resistance zone ranging from 3.86 to 3.95. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @4.04 from a trend line in the weekly time frame.
  • A resistance zone ranging from 4.13 to 4.13. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS23.75
Mansfield-1.31
10 Day High3.97
10 Day Low3.8
20 Day High4.14
20 Day Low3.8
52 Week High4.64
52 Week Low3.45
Performance
1 Week1.02%
2 Weeks0.16%
1 Month-3.81%
3 Month2.36%
6 Month9.71%
12 Month0.34%
2 Year-12.66%
3 Year-20.86%
5 Year4.74%
10 Year12.65%
15 Year28.53%
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)
Technical Indicators
MACD(12,26,9)-0.01
RSI(14)43.29
LBB3.8
UBB3.99
EDP Daily chart

EDP SA

ELI:EDP (10/22/2024, 5:35:15 PM)

3.757

-0.11 (-2.79%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryElectric Utilities
Performance
% Chg-2.79%
1 Week1.02%
2 Weeks0.16%
1 Month-3.81%
3 Month2.36%
6 Month9.71%
12 Month0.34%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.08
ATR(20)%1.83%
ATR Inc
Range Today0.1
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High3.97
10 Day Low3.8
20 Day High4.14
20 Day Low3.8
52 Week High4.64
52 Week Low3.45
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume2.22M
Volume Incr2.75%
Vol(5)7.19M
Vol(50)6.32M