EDP RENOVAVEIS SA (EDPR.LS) Stock Technical Analysis
ELI:EDPR - Euronext Lisbon - ES0127797019 - Common Stock - Currency: EUR
Overall EDPR gets a technical rating of 4 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. EDPR was also a bad performer in the overall market in the last year.
92% of all other stocks performed better in the past year than EDPR.
EDPR is part of the Independent Power and Renewable Electricity Producers industry. There are 19 other stocks in this industry, of which 94% are performing better than EDPR.
EDPR 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 EDPR is lagging the market.
EDPR has an average volume of 1550930 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
In the last month EDPR has a been trading in the 7.88 - 9.66 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
EDPR has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry.
More info and screens
8.36
13.82
When analyzing the support we notice one important area.
- A support zone ranging from 8.44 to 8.54. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 9.14 to 9.34. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @9.57 from a horizontal line in the daily time frame.
- Resistance @13.68 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 | DOWN | NEGATIVE | The long term trend for EDPR.LS is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for EDPR.LS is up. |
| ChartMill Relative Strength | 8.7 | NEGATIVE | EDPR.LS has a low relative strength, it was outperformed by 91.3% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of EDPR.LS is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of EDPR.LS is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of EDPR.LS is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 51.11 | NEUTRAL | The RSI value for EDPR.LS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests EDPR.LS has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 58.76 | NEUTRAL | The Stochastics value for EDPR.LS is a neutral value. |
| Average True Range in percent/ATR (20) | 4.37 | MEDIUM VOLATILITY | The ATR as a percentage value for EDPR.LS suggests some volalility. |
| Average Directional Index/ADX (14) | 21.6 | NEUTRAL | The ADX value for EDPR.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:EDPR (5/22/2025, 7:00:00 PM)
8.55
-0.47 (-5.26%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryIndependent Power and Renewable Electricity Producers
Performance
% Chg-5.26%
1 Week-6.15%
2 Weeks5.56%
1 Month8.37%
3 Month-3.93%
6 Month-21.85%
12 Month-41.08%
2 Year-53.98%
3 Year-62.57%
5 Year-28.27%
10 Year30.47%
15 Year83.75%
Volatility
ATR(14)0.42
ATR(20)%4.37%
ATR Inc-2.64%
Range Today0.35
ADR(20)0.33
ADR(20)%3.85%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS8.7
Mansfield-2.68
10 Day High9.66
10 Day Low8.07
20 Day High9.66
20 Day Low7.88
52 Week High16.3
52 Week Low6.71
CS1 End8.54
CR1 Start9.14
Volume & EV
DER(3)0.23%
DER(5)-1.28%
Volume3.20M
Volume Incr15.67%
Vol(5)1.67M
Vol(50)1.55M