SPECTRAL MEDICAL INC (EDT.CA) Technical Analysis
TSX:EDT • CA8475771033
Current stock price
EDT.CA Technical Rating and Analysis
We assign a technical rating of 6 out of 10 to EDT. 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.
- Looking at the yearly performance, EDT did better than 85% of all other stocks.
- EDT is one of the better performing stocks in the Biotechnology industry, it outperforms 90% of 23 stocks in the same industry.
- In the last month EDT has a been trading in the 1.21 - 1.52 range, which is quite wide. It is currently trading near the high of this range.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
- EDT is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so EDT is lagging the market slightly.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
EDT.CA Weekly and Daily overview Charts
EDT.CA Setup Rating and Analysis
EDT has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
EDT.CA Support and Resistance Analysis
1.14
When analyzing the support we can see 3 important areas.
- A support zone ranging from 1.31 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 1.25. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @1.15 from a trend line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 1.47 to 1.47. 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.
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 | 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 | 85.38 | POSITIVE | EDT.CA has a high relative strength, it outperformed 85.38% 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) | 66.71 | 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) | 60.22 | NEUTRAL | The Stochastics value for EDT.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 4.38 | MEDIUM VOLATILITY | The ATR as a percentage value for EDT.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 15.04 | NEGATIVE | The low ADX value for EDT.CA suggests a weak or negative trend. |
EDT.CA Chart- and CandleStick Pattern Analysis
EDT.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX:EDT (3/24/2026, 7:00:00 PM)
1.46
+0.13 (+9.77%)
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 6 / 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 66.707. 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 1.47. Check the full technical report for our detailed analysis of EDT.CA support and resistance levels.