EDP-ENERGIAS DE PORTUGAL SA (EDP.LS)
PTEDP0AM0009 - Common Stock
Taking everything into account, EDP scores 1 out of 10 in our technical rating. EDP scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
91% of all other stocks performed better in the past year than EDP.
EDP is one of the lesser performing stocks in the Electric Utilities industry. 73% of 16 stocks in the same industry do better.
EDP is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so EDP is lagging the market.
In the last month EDP has a been trading in the 3.45 - 3.69 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.
EDP has an average volume of 9349250 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Although the technical rating is bad, EDP does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 3.49, a Stop Loss order could be placed below this zone.
More info and screens
3.43
5.18
When analyzing the support we notice one important area.
- A support zone ranging from 3.46 to 3.49. 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 3.57 to 3.65. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 4.22 to 4.26. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @5.13 from a horizontal 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
CRS9.08
Mansfield-2.15
10 Day High3.69
10 Day Low3.45
20 Day High3.69
20 Day Low3.45
52 Week High5.03
52 Week Low3.45
Performance
1 Week0.2%
2 Weeks3.02%
1 Month3.38%
3 Month-11.92%
6 Month-7.11%
12 Month-28.44%
2 Year-19.45%
3 Year-22.59%
5 Year5.89%
10 Year2.23%
15 Year29.45%
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)47.44
LBB3.47
UBB3.66
EDP-ENERGIAS DE PORTUGAL SA
ELI:EDP (4/23/2024, 1:17:49 PM)
3.549
-0.03 (-0.81%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryElectric Utilities
Performance
% Chg-0.81%
1 Week0.2%
2 Weeks3.02%
1 Month3.38%
3 Month-11.92%
6 Month-7.11%
12 Month-28.44%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.1
ATR(20)%2.74%
ATR Inc
Range Today0.08
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 High3.69
10 Day Low3.45
20 Day High3.69
20 Day Low3.45
52 Week High5.03
52 Week Low3.45
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume1.88M
Volume Incr25.07%
Vol(5)12.07M
Vol(50)9.35M