EDM RESOURCES INC (EDM.CA) Stock Technical Analysis
TSX-V:EDM - TSX Venture Exchange - CA2683331011 - Common Stock - Currency: CAD
We assign a technical rating of 3 out of 10 to EDM. EDM has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
In the last month EDM has a been trading in the 0.09 - 0.14 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.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
When compared to the yearly performance of all other stocks, EDM outperforms 58% of them, which is more or less in line with the market.
EDM is part of the Metals & Mining industry. There are 822 other stocks in this industry, EDM did better than 56% of them.
EDM is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
The technical rating of EDM is bad and it also does not present a 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
0.10
0.16
We found 1 important support area.
- Support @0.10 from a trend line in the daily time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 0.14 to 0.14. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @0.15 from a trend line in the daily time frame.
- Resistance @0.16 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS58.24
Mansfield-1.24
10 Day High0.14
10 Day Low0.09
20 Day High0.14
20 Day Low0.09
52 Week High0.2
52 Week Low0.09
Performance
1 Week30%
2 Weeks18.18%
1 Month-3.7%
3 Month30%
6 Month0%
12 Month-18.75%
2 Year-75%
3 Year-78.69%
5 YearN/A
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)56.75
LBB0.08
UBB0.13
TSX-V:EDM (3/7/2025, 7:00:00 PM)
0.13
-0.01 (-3.7%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-3.7%
1 Week30%
2 Weeks18.18%
1 Month-3.7%
3 Month30%
6 Month0%
12 Month-18.75%
2 Year-75%
3 Year-78.69%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.01
ATR(20)%6.54%
ATR Inc231.58%
Range Today0
ADR(20)0.01
ADR(20)%5%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS58.24
Mansfield-1.24
10 Day High0.14
10 Day Low0.09
20 Day High0.14
20 Day Low0.09
52 Week High0.2
52 Week Low0.09
CS1 End0.1
CR1 Start0.14
Volume & EV
DER(3)-7014.67%
DER(5)-4230.5%
Volume500
Volume Incr216.22%
Vol(5)70.70K
Vol(50)46.82K