Canada - TSX:EDR - CA29258Y1034 - Common Stock
We assign a technical rating of 10 out of 10 to EDR. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, EDR is showing a nice and steady performance.
EDR has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 8.34, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for EDR in the last couple of days, which is a good sign. Another positive sign is the recent Pocket Pivot signal.
4.88
When analyzing the support we can see 4 important areas.
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 EDR.CA is up. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for EDR.CA is up. |
ChartMill Relative Strength | 84.04 | POSITIVE | EDR.CA has a high relative strength, it outperformed 84.04% off all stocks on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of EDR.CA is above the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of EDR.CA is above the rising SMA(50). |
Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of EDR.CA is above the rising SMA(200). |
Relative Strength Index/RSI (14) | 59.76 | NEUTRAL | The RSI value for EDR.CA is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests EDR.CA has a negative trend, although the MACD value is rising. |
Stochastics (14,3) | 45.54 | NEUTRAL | The Stochastics value for EDR.CA is a neutral value. |
Average True Range in percent/ATR (20) | 4.99 | MEDIUM VOLATILITY | The ATR as a percentage value for EDR.CA suggests some volalility. |
Average Directional Index/ADX (14) | 18.81 | NEGATIVE | The low ADX value for EDR.CA suggests a weak or negative 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 |
---|---|---|---|
9.26 | 8.05 | 1.21 (13.07%) | 7.65% |
An entry @9.26. This is a Buy Stop order right above the 10 day high. | An exit @8.05. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 1.21 points, which is 13.07%. | For a 1.00% total portfolio risk, you can invest 7.65% of your capital in this trade. |
TSX:EDR (9/12/2025, 7:00:00 PM)
8.5
+0.02 (+0.24%)