EDGEWATER EXPLORATION LTD (EDW-H.CA) Stock Technical Analysis
TSX-V:EDW-H - TSX Venture Exchange - CA2802905034 - Common Stock - Currency: CAD
Overall EDW-H gets a technical rating of 2 out of 10. EDW-H scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, EDW-H is a bad performer in the overall market: 84% of all stocks are doing better.
EDW-H is part of the Metals & Mining industry. There are 797 other stocks in this industry, of which 71% are performing better than EDW-H.
Warning: EDW-H has an average volume of 28459 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
EDW-H is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so EDW-H is lagging the market.
In the last month EDW-H has a been trading in the 0.08 - 0.13 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.
The technical rating of EDW-H is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
0.08
0.12
When analyzing the support we can see 2 important areas.
- A support zone ranging from 0.09 to 0.09. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @0.08 from a trend line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 0.10 to 0.10. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @0.12 from a trend line 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 | DOWN | NEGATIVE | The long term trend for EDW-H.CA is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for EDW-H.CA is neutral. |
| ChartMill Relative Strength | 16.09 | NEGATIVE | EDW-H.CA has a low relative strength, it was outperformed by 83.91% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of EDW-H.CA is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of EDW-H.CA is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of EDW-H.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 48.81 | NEUTRAL | The RSI value for EDW-H.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests EDW-H.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 45.83 | NEUTRAL | The Stochastics value for EDW-H.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 10.79 | HIGH VOLATILITY | The high ATR as a percentage value for EDW-H.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 14.66 | NEGATIVE | The low ADX value for EDW-H.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-V:EDW-H (7/29/2025, 7:00:00 PM)
0.095
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg0%
1 Week0%
2 Weeks-13.64%
1 Month26.67%
3 Month5.56%
6 Month-5%
12 Month-20.83%
2 Year-40.62%
3 Year-40.62%
5 Year26.67%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.01
ATR(20)%10.79%
ATR Inc20.69%
Range Today0
ADR(20)0
ADR(20)%1.84%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS16.09
Mansfield-2.92
10 Day High0.13
10 Day Low0.09
20 Day High0.13
20 Day Low0.08
52 Week High0.18
52 Week Low0.06
CS1 End0.09
CR1 Start0.1
Volume & EV
DER(3)30%
DER(5)40%
Volume1.25K
Volume Incr-7.81%
Vol(5)14.95K
Vol(50)28.46K