EDP RENOVAVEIS SA (EDPR.LS)

ES0127797019 - Common Stock

14.32  +0.26 (+1.85%)

Technical Rating and Analysis

4

Taking everything into account, EDPR scores 4 out of 10 in our technical rating. EDPR 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, EDPR is a bad performer in the overall market: 74% of all stocks are doing better.
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 EDPR has a been trading in the 13.16 - 14.46 range, which is quite wide. It is currently trading near the high of this range.
EDPR is part of the Independent Power and Renewable Electricity Producers industry. There are 20 other stocks in this industry, EDPR did better than 47% of them.
EDPR is currently trading in the middle 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 slightly.
Weekly and Daily overview Charts
EDPR Weekly chart
EDPR Daily chart
Setup Rating and Analysis

8

EDPR has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 14.02, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for EDPR in the last couple of days, which is a good sign.

  • Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
Support and Resistance Analysis

12.91

16.55

3 important support areas can be observed.

  • A support zone ranging from 13.75 to 14.02. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 13.40 to 13.41. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A support zone ranging from 13.04 to 13.04. This zone is formed by a combination of multiple trend lines in multiple time frames.

3 important resistance areas can be observed.

  • Resistance @14.75 from a horizontal line in the weekly time frame.
  • Resistance @15.18 from a horizontal line in the daily time frame.
  • Resistance @16.39 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
CRS26.07
Mansfield-1.62
10 Day High14.46
10 Day Low13.32
20 Day High14.46
20 Day Low13.16
52 Week High18.73
52 Week Low11.91
Performance
1 Week3.33%
2 Weeks-0.28%
1 Month9.5%
3 Month11.21%
6 Month-4.61%
12 Month-18.13%
2 Year-43.52%
3 Year-27.83%
5 Year53.99%
10 Year171.26%
15 Year98.36%
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)0.08
RSI(14)58.07
LBB13.23
UBB14.5
EDPR Daily chart

EDP RENOVAVEIS SA

ELI:EDPR (7/26/2024, 7:00:00 PM)

14.32

+0.26 (+1.85%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryIndependent Power and Renewable Electricity Producers
Performance
% Chg1.85%
1 Week3.33%
2 Weeks-0.28%
1 Month9.5%
3 Month11.21%
6 Month-4.61%
12 Month-18.13%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.42
ATR(20)%2.82%
ATR Inc
Range Today0.45
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 High14.46
10 Day Low13.32
20 Day High14.46
20 Day Low13.16
52 Week High18.73
52 Week Low11.91
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume672.08K
Volume Incr-11.7%
Vol(5)702.15K
Vol(50)841.06K