ENDEAVOUR MINING PLC (EDV.CA) Stock Technical Analysis
TSX:EDV - Toronto Stock Exchange - GB00BL6K5J42 - Common Stock - Currency: CAD
Overall EDV gets a technical rating of 5 out of 10. EDV 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.
Although the technical rating is only medium, EDV does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 42.03. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 41.66, a Stop Loss order could be placed below this zone.
More info and screens
28.52
We found 2 important support areas.
- A support zone ranging from 40.97 to 41.66. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @28.81 from a trend line in the weekly time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 42.03 to 42.14. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @42.92 from a horizontal line in the daily time frame.
- A resistance zone ranging from 44.25 to 44.66. 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 EDV.CA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for EDV.CA is neutral. |
| ChartMill Relative Strength | 74.47 | POSITIVE | EDV.CA has a high relative strength, it outperformed 74.47% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of EDV.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of EDV.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of EDV.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 50.43 | NEUTRAL | The RSI value for EDV.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.14 | NEGATIVE | The MACD value suggests EDV.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 34.8 | NEUTRAL | The Stochastics value for EDV.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.95 | MEDIUM VOLATILITY | The ATR as a percentage value for EDV.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 11 | NEGATIVE | The low ADX value for EDV.CA suggests a weak or negative trend. |
TSX:EDV (7/11/2025, 7:00:00 PM)
41.84
+0.38 (+0.92%)