SPECTRAL MEDICAL INC (EDT.CA) Stock Technical Analysis
Canada - Toronto Stock Exchange - TSX:EDT - CA8475771033 - Common Stock
Overall EDT gets a technical rating of 5 out of 10. In the last year, EDT was one of the better performers, but we do observe some doubts in the very recent evolution.
EDT has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 1.38. Right above this resistance zone may be a good entry point.
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When analyzing the support we can see 5 important areas.
- A support zone ranging from 1.32 to 1.33. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @1.27 from a horizontal line in the daily time frame.
- Support @0.97 from a trend line in the weekly time frame.
- Support @0.92 from a trend line in the daily time frame.
- Support @0.81 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 1.38 to 1.38. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @1.41 from a trend line in the weekly time frame.
- A resistance zone ranging from 1.49 to 1.50. 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 EDT.CA is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for EDT.CA is down. |
| ChartMill Relative Strength | 86.32 | POSITIVE | EDT.CA has a high relative strength, it outperformed 86.32% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of EDT.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of EDT.CA is below a declining 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) | 43.23 | NEUTRAL | The RSI value for EDT.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests EDT.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 26.08 | NEUTRAL | The Stochastics value for EDT.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 6.05 | HIGH VOLATILITY | The high ATR as a percentage value for EDT.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 24.73 | NEUTRAL | The ADX value for EDT.CA suggests a possible start of a new trend. |
TSX:EDT (11/28/2025, 7:00:00 PM)
1.33
+0.05 (+3.91%)
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 current trend direction of SPECTRAL MEDICAL INC (EDT.CA) stock?
The current trend direction for SPECTRAL MEDICAL INC (EDT.CA) is Bullish.
What is the RSI signal for EDT stock?
SPECTRAL MEDICAL INC (EDT.CA) has an RSI value of 43.2301. This indicates that the stock is currently neutral.
What is the short term momentum for SPECTRAL MEDICAL INC (EDT.CA) stock?
The short term momentum for SPECTRAL MEDICAL INC (EDT.CA) is negative.
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 1.38. Check the full technical report for our detailed analysis of EDT.CA support and resistance levels.