EDP RENOVAVEIS SA (EDPR.LS) Stock Technical Analysis
ELI:EDPR • ES0127797019
Overall EDPR gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, EDPR is showing a nice and steady performance.
- The long and short term trends are both positive. This is looking good!
- When comparing the yearly performance of all stocks, we notice that EDPR is one of the better performing stocks in the market, outperforming 91% of all stocks. On top of that, EDPR also shows a nice and consistent pattern of rising prices.
- EDPR is part of the Independent Power and Renewable Electricity Producers industry. There are 20 other stocks in this industry. EDPR outperforms 84% of them.
- EDPR is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month EDPR has a been trading in the 12.67 - 13.68 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.
EDPR has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 13.45. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 13.31, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
12.60
When analyzing the support we notice one important area.
- A support zone ranging from 12.73 to 13.31. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 13.45 to 13.48. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 13.82 to 13.83. This zone is formed by a combination of multiple trend lines in the daily 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 EDPR.LS is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for EDPR.LS is up. |
| ChartMill Relative Strength | 91.51 | POSITIVE | EDPR.LS has a high relative strength, it outperformed 91.51% 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) | UP | POSITIVE | The current price of EDPR.LS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 56.62 | NEUTRAL | The RSI value for EDPR.LS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests EDPR.LS has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 54.09 | NEUTRAL | The Stochastics value for EDPR.LS is a neutral value. |
| Average True Range in percent/ATR (20) | 2.71 | MEDIUM VOLATILITY | The ATR as a percentage value for EDPR.LS suggests some volalility. |
| Average Directional Index/ADX (14) | 20.48 | NEUTRAL | The ADX value for EDPR.LS suggests a possible start of a new trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 13.49 | 12.92 | 0.57 (4.23%) | 23.67% |
| An entry @13.49. This is a Buy Stop order right above the resistance zone. | An exit @12.92. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.57 points, which is 4.23%. | For a 1.00% total portfolio risk, you can invest 23.67% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
ELI:EDPR (2/27/2026, 7:00:00 PM)
13.36
+0.22 (+1.67%)
EDP RENOVAVEIS SA / EDPR.LS FAQ
What is the ChartMill technical rating of EDP RENOVAVEIS SA (EDPR.LS) stock?
ChartMill assigns a technical rating of 10 / 10 to EDPR.LS.
What is the trend direction for EDPR stock?
The current trend direction for EDP RENOVAVEIS SA (EDPR.LS) is Bullish.
What is the RSI signal for EDPR stock?
EDP RENOVAVEIS SA (EDPR.LS) has an RSI value of 56.6198. This indicates that the stock is currently neutral.
What is the buy/sell signal for EDPR stock?
The buy/sell signal for EDP RENOVAVEIS SA (EDPR.LS) is buy as both the short term and long term trends are positive.
What are the support and resistance levels for EDP RENOVAVEIS SA (EDPR.LS) stock?
EDP RENOVAVEIS SA (EDPR.LS) has a support level at 13.31 and a resistance level at 13.45. Check the full technical report for our detailed analysis of EDPR.LS support and resistance levels.