SPECTRAL MEDICAL INC (EDT.CA) Technical Analysis
TSX:EDT • CA8475771033
Current stock price
EDT.CA Technical Rating and Analysis
Overall EDT gets a technical rating of 6 out of 10. In the last year, EDT was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
- The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
- EDT is one of the better performing stocks in the Biotechnology industry, it outperforms 90% of 23 stocks in the same industry.
- Looking at the yearly performance, EDT did better than 79% of all other stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
- 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.
- In the last month EDT has a been trading in the 1.21 - 1.52 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.
EDT.CA Weekly and Daily overview Charts
EDT.CA Setup Rating and Analysis
EDT has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 1.44. Right above this resistance zone may be a good entry point.
More info and screens
EDT.CA Support and Resistance Analysis
1.17
3 important support areas can be observed.
- A support zone ranging from 1.28 to 1.30. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 1.24 to 1.25. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @1.18 from a trend line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 1.39 to 1.40. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 1.44 to 1.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
EDT.CA Technical Indicator Signal Analysis
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 | NEUTRAL | NEUTRAL | The short term trend for EDT.CA is neutral. |
| ChartMill Relative Strength | 79.02 | POSITIVE | EDT.CA has a high relative strength, it outperformed 79.02% 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) | 50.93 | NEUTRAL | The RSI value for EDT.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests EDT.CA has a negative trend. |
| Stochastics (14,3) | 52.38 | NEUTRAL | The Stochastics value for EDT.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 4.82 | MEDIUM VOLATILITY | The ATR as a percentage value for EDT.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 22.96 | NEUTRAL | The ADX value for EDT.CA suggests a possible start of a new trend. |
EDT.CA Chart- and CandleStick Pattern Analysis
EDT.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX:EDT (4/13/2026, 7:00:00 PM)
1.38
-0.02 (-1.43%)
SPECTRAL MEDICAL INC / EDT.CA TA FAQ
What is the ChartMill technical rating of SPECTRAL MEDICAL INC (EDT.CA) stock?
ChartMill assigns a technical rating of 7 / 10 to EDT.CA.
Can you provide the trend direction for SPECTRAL MEDICAL INC?
The current trend direction for SPECTRAL MEDICAL INC (EDT.CA) is Bullish.
What is the RSI signal for SPECTRAL MEDICAL INC (EDT.CA) stock?
SPECTRAL MEDICAL INC (EDT.CA) has an RSI value of 50.9339. 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 neutral.