SPECTRAL MEDICAL INC (EDT.CA) Stock Technical Analysis
TSX:EDT - CA8475771033 - Common Stock
1.49 CAD
+0.01 (+0.68%)
We assign a technical rating of 10 out of 10 to EDT. Both in the recent history as in the last year, EDT has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that EDT is one of the better performing stocks in the market, outperforming 93% of all stocks.
EDT is part of the Biotechnology industry. There are 24 other stocks in this industry. EDT outperforms 91% of them.
EDT is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so EDT is lagging the market slightly.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
In the last month EDT has a been trading in the 0.81 - 1.84 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although EDT has an excellent technical rating, the quality of the presented setup is not ideal 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.
More info and screens
0.80
1.50
We found 2 important support areas.
- A support zone ranging from 0.84 to 0.85. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 0.81 to 0.81. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 EDT.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for EDT.CA is up. |
| ChartMill Relative Strength | 93.65 | POSITIVE | EDT.CA has a high relative strength, it outperformed 93.65% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of EDT.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of EDT.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of EDT.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 88.94 | OVERBOUGHT | The high RSI value suggests EDT.CA may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests EDT.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 63.75 | NEUTRAL | The Stochastics value for EDT.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 8.09 | HIGH VOLATILITY | The high ATR as a percentage value for EDT.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 53.3 | POSITIVE | The high ADX value value for EDT.CA 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)
TSX:EDT (8/29/2025, 7:00:00 PM)
1.49
+0.01 (+0.68%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg0.68%
1 Week6.43%
2 Weeks35.45%
1 Month79.52%
3 Month79.52%
6 Month104.11%
12 Month125.76%
2 Year282.05%
3 Year234.83%
5 Year192.16%
10 Year88.61%
15 YearN/A
Volatility
ATR(14)0.16
ATR(20)%8.09%
ATR Inc-58.26%
Range Today0.06
ADR(20)0.11
ADR(20)%7.45%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.65
Mansfield8.94
10 Day High1.5
10 Day Low1.06
20 Day High1.84
20 Day Low0.81
52 Week High1.84
52 Week Low0.46
CS1 End0.85
CR1 StartN/A
Volume & EV
DER(3)-4.76%
DER(5)-7.23%
Volume184.56K
Volume Incr-8.44%
Vol(5)267.43K
Vol(50)176.56K