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EDP RENOVAVEIS SA (EDPR.LS) Stock Technical Analysis

ELI:EDPR - Euronext Lisbon - ES0127797019 - Common Stock - Currency: EUR

8.785  +0.11 (+1.27%)

Technical Rating and Analysis

0

We assign a technical rating of 0 out of 10 to EDPR. EDPR 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 short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, EDPR is a bad performer in the overall market: 98% of all stocks are doing better.
EDPR is one of the lesser performing stocks in the Independent Power and Renewable Electricity Producers industry. 81% of 23 stocks in the same industry do better.
EDPR is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month EDPR has a been trading in the 8.64 - 10.29 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
EDPR has an average volume of 1111330 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Weekly and Daily overview Charts
EDP RENOVAVEIS SA / EDPR Weekly stock chart
EDP RENOVAVEIS SA / EDPR Daily stock chart
Setup Rating and Analysis

2

The technical rating of EDPR is bad and it also does not present a quality setup 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.

Support and Resistance Analysis

8.70

14.99

3 important resistance areas can be observed.

  • A resistance zone ranging from 9.17 to 9.17. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A resistance zone ranging from 9.43 to 9.70. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @14.84 from a trend line in the weekly time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS2.81
Mansfield-3.96
10 Day High9.73
10 Day Low8.64
20 Day High10.29
20 Day Low8.64
52 Week High16.3
52 Week Low8.64
Performance
1 Week-8.2%
2 Weeks-2.5%
1 Month-10.63%
3 Month-32.84%
6 Month-38.65%
12 Month-41.36%
2 Year-55.95%
3 Year-52.82%
5 Year-26.79%
10 Year48.15%
15 Year40.92%
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)33.43
LBB8.61
UBB9.83
EDP RENOVAVEIS SA / EDPR Daily stock chart

EDP RENOVAVEIS SA

ELI:EDPR (1/24/2025, 7:00:00 PM)

8.785

+0.11 (+1.27%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryIndependent Power and Renewable Electricity Producers
Performance
% Chg1.27%
1 Week-8.2%
2 Weeks-2.5%
1 Month-10.63%
3 Month-32.84%
6 Month-38.65%
12 Month-41.36%
2 Year-55.95%
3 Year-52.82%
5 Year-26.79%
10 Year48.15%
15 Year40.92%
Volatility
ATR(14)0.33
ATR(20)%3.83%
ATR Inc-30.36%
Range Today0.22
ADR(20)0.33
ADR(20)%3.7%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS2.81
Mansfield-3.96
10 Day High9.73
10 Day Low8.64
20 Day High10.29
20 Day Low8.64
52 Week High16.3
52 Week Low8.64
CS1 EndN/A
CR1 Start9.17
Volume & EV
DER(3)1.22%
DER(5)0.77%
Volume1.01M
Volume Incr2.24%
Vol(5)1.13M
Vol(50)1.11M