BROMPTON EUROPEAN DIVIDEND G (EDGF.CA) Stock Technical Analysis
TSX:EDGF - Toronto Stock Exchange - CA11222M1005 - ETF - Currency: CAD
Overall EDGF gets a technical rating of 8 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, EDGF is only an average performer.
Warning: EDGF has an average volume of 916 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both positive. This is looking good!
EDGF is currently trading in the upper part of its 52 week range. The market is still in the middle of its 52 week range, so EDGF slightly outperforms the market at the moment.
In the last month EDGF has a been trading in the 10.60 - 11.27 range, which is quite wide. It is currently trading near the high of this range.
Prices have been consolidating recently, this may present a good entry opportunity.
When compared to the yearly performance of all other stocks, EDGF outperforms 62% of them, which is more or less in line with the market.
Besides having an excellent technical rating, EDGF also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 11.13, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
9.41
11.50
When analyzing the support we can see 4 important areas.
- A support zone ranging from 10.80 to 11.13. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 10.55 to 10.59. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 10.19 to 10.35. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @9.51 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 11.14 to 11.39. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS62.36
Mansfield0.09
10 Day High11.27
10 Day Low10.99
20 Day High11.27
20 Day Low10.6
52 Week High11.46
52 Week Low9.89
Performance
1 Week-1.15%
2 Weeks0.54%
1 Month3.15%
3 Month4.01%
6 Month4.11%
12 Month9.75%
2 Year16.16%
3 Year4.21%
5 Year37.53%
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0
RSI(14)55.44
LBB10.97
UBB11.31
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 11.28 | 10.98 | 0.30 (2.66%) | 25.00% |
| An entry @11.28. This is a Buy Stop order right above the 10 day high. | An exit @10.98. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.30 points, which is 2.66%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.66%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
TSX:EDGF (3/7/2025, 7:00:00 PM)
11.14
-0.11 (-0.98%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.98%
1 Week-1.15%
2 Weeks0.54%
1 Month3.15%
3 Month4.01%
6 Month4.11%
12 Month9.75%
2 Year16.16%
3 Year4.21%
5 Year37.53%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.11
ATR(20)%1%
ATR Inc-43.83%
Range Today0.02
ADR(20)0.03
ADR(20)%0.25%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS62.36
Mansfield0.09
10 Day High11.27
10 Day Low10.99
20 Day High11.27
20 Day Low10.6
52 Week High11.46
52 Week Low9.89
CS1 End11.13
CR1 Start11.14
Volume & EV
DER(3)0%
DER(5)0%
Volume530
Volume Incr20.83%
Vol(5)848
Vol(50)916.3