EDP SA (EDP.LS) Stock Technical Analysis
Europe • Euronext Lisbon • ELI:EDP • PTEDP0AM0009
Taking everything into account, EDP scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, EDP is showing a nice and steady performance.
- Both the short term and long term trends are positive. This is a very positive sign.
- When comparing the yearly performance of all stocks, we notice that EDP is one of the better performing stocks in the market, outperforming 89% of all stocks. We also observe that the gains produced by EDP over the past year are nicely spread over this period.
- EDP is one of the better performing stocks in the Electric Utilities industry, it outperforms 88% of 27 stocks in the same industry.
- EDP 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 EDP is lagging the market slightly.
- EDP is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- EDP has an average volume of 8934590 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Besides having an excellent technical rating, EDP also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
3.62
4 important support areas can be observed.
- A support zone ranging from 4.32 to 4.35. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @3.92 from a trend line in the weekly time frame.
- Support @3.83 from a trend line in the daily time frame.
- A support zone ranging from 3.66 to 3.75. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 4.44 to 4.45. 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 EDP.LS is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for EDP.LS is up. |
| ChartMill Relative Strength | 89.47 | POSITIVE | EDP.LS has a high relative strength, it outperformed 89.47% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of EDP.LS is above the rising 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) | UP | POSITIVE | The current price of EDP.LS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 64.63 | NEUTRAL | The RSI value for EDP.LS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests EDP.LS has a negative trend. |
| Stochastics (14,3) | 72.9 | NEUTRAL | The Stochastics value for EDP.LS is a neutral value. |
| Average True Range in percent/ATR (20) | 1.79 | LOW VOLATILITY | The low ATR as a percentage value for EDP.LS suggests low volalility. |
| Average Directional Index/ADX (14) | 34.1 | POSITIVE | The high ADX value value for EDP.LS suggests a strong trend. |
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 |
|---|---|---|---|
| 4.36 | 4.19 | 0.17 (3.90%) | 25.00% |
| An entry @4.36. This is a Buy Stop order right above the resistance zone. | An exit @4.19. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.17 points, which is 3.90%. | For a 0.97% 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 (2/10/2026, 5:36:15 PM)
4.354
+0.02 (+0.51%)
EDP SA / EDP.LS FAQ
Can you provide the ChartMill technical rating for EDP SA?
ChartMill assigns a technical rating of 10 / 10 to EDP.LS.
What is the trend direction for EDP stock?
The current trend direction for EDP SA (EDP.LS) is Bullish.
What is the RSI signal for EDP SA (EDP.LS) stock?
EDP SA (EDP.LS) has an RSI value of 64.6311. This indicates that the stock is currently neutral.
What is the MACD signal for EDP stock?
The MACD indicator for EDP SA (EDP.LS) has a value of -0.0036071, indicating a bearish trend.
What is the buy/sell signal for EDP stock?
The buy/sell signal for EDP SA (EDP.LS) is buy as both the short term and long term trends are positive.