SPECTRAL MEDICAL INC (EDT.CA) Stock Technical Analysis
TSX:EDT • CA8475771033
Taking everything into account, EDT scores 5 out of 10 in our technical rating. Although EDT has been one of the better performers in the overall market, we have a mixed picture in the medium term time frame. But recently some decent action can be observed again.
- When comparing the yearly performance of all stocks, we notice that EDT is one of the better performing stocks in the market, outperforming 77% of all stocks.
- EDT is one of the better performing stocks in the Biotechnology industry, it outperforms 76% of 22 stocks in the same industry.
- In the last month EDT has a been trading in the 1.25 - 1.37 range, which is quite wide. It is currently trading near the high of this range.
- The long and short term trends are both neutral. This gives a pretty neutral overall picture!
- EDT is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so EDT is lagging the market.
EDT has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 1.36. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 1.33, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for EDT in the last couple of days, which is a good sign. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- 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
1.09
When analyzing the support we can see 3 important areas.
- A support zone ranging from 1.30 to 1.33. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 1.24 to 1.24. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @1.10 from a trend line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 1.36 to 1.37. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 1.45 to 1.46. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @1.50 from a horizontal line 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 | NEUTRAL | NEUTRAL | The long term trend for EDT.CA is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for EDT.CA is neutral. |
| ChartMill Relative Strength | 77.79 | POSITIVE | EDT.CA has a high relative strength, it outperformed 77.79% 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) | 53.95 | NEUTRAL | The RSI value for EDT.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests EDT.CA has a positive trend. |
| Stochastics (14,3) | 72.22 | NEUTRAL | The Stochastics value for EDT.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 4.17 | MEDIUM VOLATILITY | The ATR as a percentage value for EDT.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 12.43 | NEGATIVE | The low ADX value for EDT.CA suggests a weak or negative trend. |
TSX:EDT (2/20/2026, 7:00:00 PM)
1.35
-0.02 (-1.46%)
SPECTRAL MEDICAL INC / EDT.CA FAQ
What is the ChartMill technical rating of SPECTRAL MEDICAL INC (EDT.CA) stock?
ChartMill assigns a technical rating of 5 / 10 to EDT.CA.
What is the trend direction for EDT stock?
The current trend direction for SPECTRAL MEDICAL INC (EDT.CA) is Bearish.
What is the RSI signal for EDT stock?
SPECTRAL MEDICAL INC (EDT.CA) has an RSI value of 53.9492. This indicates that the stock is currently neutral.
What is the support and resistance level for EDT stock?
SPECTRAL MEDICAL INC (EDT.CA) has a support level at 1.33 and a resistance level at 1.36. Check the full technical report for our detailed analysis of EDT.CA support and resistance levels.