EDP RENOVAVEIS SA (EDPR.LS) Stock Technical Analysis
ELI:EDPR - Euronext Lisbon - ES0127797019 - Common Stock - Currency: EUR
We assign a technical rating of 8 out of 10 to EDPR. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, EDPR is only an average performer.
Both the short term and long term trends are positive. This is a very positive sign.
EDPR has an average volume of 1508700 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When compared to the yearly performance of all other stocks, EDPR outperforms 40% of them, which is more or less in line with the market.
EDPR is part of the Independent Power and Renewable Electricity Producers industry. There are 22 other stocks in this industry, EDPR did better than 52% of them.
EDPR is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so EDPR is lagging the market.
In the last month EDPR has a been trading in the 9.38 - 10.61 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Besides having an excellent technical rating, EDPR also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price.
More info and screens
9.22
13.35
2 important support areas can be observed.
- A support zone ranging from 9.88 to 9.91. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 9.31 to 9.50. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We can see 3 important resistance areas.
- Resistance @10.23 from a horizontal line in the daily time frame.
- A resistance zone ranging from 10.46 to 10.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @13.22 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 EDPR.LS is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for EDPR.LS is up. |
| ChartMill Relative Strength | 40.13 | NEUTRAL | EDPR.LS is not amongst the best or worst performers 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 | MIXED | The current price of EDPR.LS is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 60.18 | NEUTRAL | The RSI value for EDPR.LS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests EDPR.LS has a negative trend. |
| Stochastics (14,3) | 67.62 | NEUTRAL | The Stochastics value for EDPR.LS is a neutral value. |
| Average True Range in percent/ATR (20) | 2.74 | MEDIUM VOLATILITY | The ATR as a percentage value for EDPR.LS suggests some volalility. |
| Average Directional Index/ADX (14) | 29.18 | POSITIVE | The high ADX value value for EDPR.LS suggests a strong 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)
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 |
|---|---|---|---|
| 10.24 | 9.87 | 0.37 (3.61%) | 25.00% |
| An entry @10.24. This is a Buy Stop order right above the resistance zone. | An exit @9.87. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.37 points, which is 3.61%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.90%. |
- The distance between exit and entry is rather small compared to the average daily movement of EDPR. Please evaluate whether better entry and exit points can be found.
- 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 (7/11/2025, 7:00:00 PM)
10.21
+0.03 (+0.29%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryIndependent Power and Renewable Electricity Producers
Performance
% Chg0.29%
1 Week-2.67%
2 Weeks3.13%
1 Month7.47%
3 Month36.86%
6 Month13.32%
12 Month-28.75%
2 Year-41.22%
3 Year-59.64%
5 Year-26.44%
10 Year53.1%
15 Year122.78%
Volatility
ATR(14)0.28
ATR(20)%2.74%
ATR Inc-61.02%
Range Today0.09
ADR(20)0.26
ADR(20)%2.58%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS40.13
Mansfield-1.26
10 Day High10.61
10 Day Low9.39
20 Day High10.61
20 Day Low9.39
52 Week High16.3
52 Week Low6.71
CS1 End9.91
CR1 Start10.23
Volume & EV
DER(3)1.39%
DER(5)2.03%
Volume492.92K
Volume Incr-29.87%
Vol(5)959.95K
Vol(50)1.51M