EDP SA (EDP.LS) Stock Technical Analysis
ELI:EDP - Euronext Lisbon - PTEDP0AM0009 - Common Stock - Currency: EUR
We assign a technical rating of 8 out of 10 to EDP. Although EDP is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
EDP is part of the Electric Utilities industry. There are 6 other stocks in this industry, of which 180% are performing better than EDP.
Both the short term and long term trends are positive. This is a very positive sign.
In the last month EDP has a been trading in the 3.35 - 3.64 range, which is quite wide. It is currently trading near the high of this range.
EDP has an average volume of 12594000 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that EDP is one of the better performing stocks in the market, outperforming 75% of all stocks. However, this relatively good performance is mostly due to a recent big move.
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.
Considerably lower volume is observed in the last couple of days.
Although EDP has an excellent technical rating, it does not present a decent entry opportunity 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.
More info and screens
2.87
3.71
When analyzing the support we can see 4 important areas.
- Support @3.64 from a trend line in the daily time frame.
- A support zone ranging from 3.19 to 3.22. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @2.97 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.
- Resistance @3.67 from a trend line in the weekly time frame.
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 | 75.82 | POSITIVE | EDP.LS has a high relative strength, it outperformed 75.82% 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) | DOWN | MIXED | The current price of EDP.LS is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 64.25 | 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) | 90.74 | OVERBOUGHT | The high Stochastics value suggests EDP.LS may be overbought. |
| Average True Range in percent/ATR (20) | 1.62 | LOW VOLATILITY | The low ATR as a percentage value for EDP.LS suggests low volalility. |
| Average Directional Index/ADX (14) | 20.15 | NEUTRAL | The ADX value for EDP.LS suggests a possible start of a new 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)
ELI:EDP (6/16/2025, 5:36:15 PM)
3.642
+0.03 (+0.91%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryElectric Utilities
Performance
% Chg0.91%
1 Week2.44%
2 Weeks2.82%
1 Month5.03%
3 Month18.37%
6 Month13.81%
12 Month-1.69%
2 Year-19.37%
3 Year-18.94%
5 Year-15.08%
10 Year5.99%
15 Year47.91%
Volatility
ATR(14)0.05
ATR(20)%1.62%
ATR Inc-10.87%
Range Today0.07
ADR(20)0.05
ADR(20)%1.5%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS75.82
Mansfield0.03
10 Day High3.64
10 Day Low3.5
20 Day High3.64
20 Day Low3.35
52 Week High4.15
52 Week Low2.88
CS1 End3.22
CR1 Start3.64
Volume & EV
DER(3)-0.45%
DER(5)0.2%
Volume2.73M
Volume Incr-33.1%
Vol(5)6.92M
Vol(50)12.59M