SPECTRAL MEDICAL INC (EDT.CA) Stock Technical Analysis
TSX:EDT - Toronto Stock Exchange - CA8475771033 - Common Stock - Currency: CAD
We assign a technical rating of 4 out of 10 to EDT. EDT has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
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.
In the last month EDT has a been trading in the 0.77 - 0.88 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
When comparing the performance of all stocks over the past year, EDT turns out to be only a medium performer in the overall market: it outperformed 59% of all stocks.
EDT is an average performer in the Biotechnology industry, it outperforms 52% of 24 stocks in the same industry.
EDT has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 0.82, a Stop Loss order could be placed below this zone.
More info and screens
0.47
0.90
We found 4 important support areas.
- A support zone ranging from 0.79 to 0.82. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @0.56 from a trend line in the weekly time frame.
- Support @0.51 from a trend line in the weekly time frame.
- Support @0.47 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 0.88 to 0.89. 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 | NEUTRAL | NEUTRAL | The short term trend for EDT.CA is neutral. |
| ChartMill Relative Strength | 59.02 | NEUTRAL | EDT.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of EDT.CA is above 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) | 52.44 | NEUTRAL | The RSI value for EDT.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests EDT.CA has a positive trend. |
| Stochastics (14,3) | 66.67 | NEUTRAL | The Stochastics value for EDT.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.83 | MEDIUM VOLATILITY | The ATR as a percentage value for EDT.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 11.08 | NEGATIVE | The low ADX value for EDT.CA suggests a weak or negative 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 (8/6/2025, 7:00:00 PM)
0.83
+0.01 (+1.22%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg1.22%
1 Week1.22%
2 Weeks3.75%
1 Month-2.35%
3 Month-5.68%
6 Month40.68%
12 Month31.75%
2 Year112.82%
3 Year86.52%
5 Year62.75%
10 Year5.06%
15 YearN/A
Volatility
ATR(14)0.02
ATR(20)%2.83%
ATR Inc9.38%
Range Today0.03
ADR(20)0.02
ADR(20)%2.53%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS59.02
Mansfield1.21
10 Day High0.85
10 Day Low0.77
20 Day High0.88
20 Day Low0.77
52 Week High0.89
52 Week Low0.46
CS1 End0.82
CR1 Start0.88
Volume & EV
DER(3)1.98%
DER(5)-1.2%
Volume70.58K
Volume Incr3.35%
Vol(5)57.67K
Vol(50)57.30K