EDP SA (EDP.LS)
PTEDP0AM0009 - Common Stock
Taking everything into account, EDP scores 4 out of 10 in our technical rating. EDP has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
When comparing the yearly performance of all stocks, EDP is a bad performer in the overall market: 73% of all stocks are doing better.
EDP is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so EDP is lagging the market.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
In the last month EDP has a been trading in the 3.50 - 3.79 range, which is quite wide. It is currently trading near the high of this range.
EDP has an average volume of 7759760 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
EDP is an average performer in the Electric Utilities industry, it outperforms 46% of 16 stocks in the same industry.
Although the technical rating is only medium, EDP does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 3.86. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 3.68, a Stop Loss order could be placed below this zone.
More info and screens
3.43
4.08
When analyzing the support we can see 2 important areas.
- A support zone ranging from 3.63 to 3.68. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- 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.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 3.86 to 3.90. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @4.04 from a trend line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS27.64
Mansfield-1.54
10 Day High3.79
10 Day Low3.53
20 Day High3.79
20 Day Low3.5
52 Week High4.64
52 Week Low3.45
Performance
1 Week3.28%
2 Weeks2.55%
1 Month7.92%
3 Month7.18%
6 Month-7.04%
12 Month-12.25%
2 Year-23.55%
3 Year-13.73%
5 Year13.7%
10 Year7.79%
15 Year35.68%
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)0.02
RSI(14)62.9
LBB3.51
UBB3.79
EDP SA
ELI:EDP (7/26/2024, 5:35:30 PM)
3.776
+0.05 (+1.23%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryElectric Utilities
Performance
% Chg1.23%
1 Week3.28%
2 Weeks2.55%
1 Month7.92%
3 Month7.18%
6 Month-7.04%
12 Month-12.25%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.08
ATR(20)%2.07%
ATR Inc
Range Today0.07
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 High3.79
10 Day Low3.53
20 Day High3.79
20 Day Low3.5
52 Week High4.64
52 Week Low3.45
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume1.69M
Volume Incr-18.53%
Vol(5)6.37M
Vol(50)7.76M