Edison SpA (EDNR.MI) Stock Technical Analysis
BIT:EDNR - Euronext Milan - IT0003372205
Taking everything into account, EDNR scores 4 out of 10 in our technical rating. EDNR 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.
EDNR is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
Warning: EDNR has an average volume of 5652 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
EDNR is one of the better performing stocks in the Independent Power and Renewable Electricity Producers industry, it outperforms 80% of 22 stocks in the same industry.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
When comparing the performance of all stocks over the past year, EDNR turns out to be only a medium performer in the overall market: it outperformed 68% of all stocks.
EDNR 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.
EDNR has an average technical rating and also the quality of the setup is only medium 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
1.49
1.94
When analyzing the support we can see 6 important areas.
- A support zone ranging from 1.81 to 1.82. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @1.76 from a horizontal line in the daily time frame.
- Support @1.65 from a trend line in the weekly time frame.
- Support @1.60 from a trend line in the weekly time frame.
- Support @1.55 from a horizontal line in the daily time frame.
- Support @1.51 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 1.84 to 1.92. This zone is formed by a combination of multiple trend lines and important moving averages 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
CRS68.36
Mansfield0.27
10 Day High2.05
10 Day Low1.81
20 Day High2.06
20 Day Low1.81
52 Week High2.06
52 Week Low1.48
Performance
1 Week0.55%
2 Weeks-10.15%
1 Month-4.03%
3 Month0.71%
6 Month17.88%
12 Month24.36%
2 Year31.87%
3 Year6.88%
5 Year83.67%
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)-0.01
RSI(14)38.92
LBB1.73
UBB2.07
BIT:EDNR (3/5/2025, 5:22:47 PM)
1.833
-0.03 (-1.35%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryIndependent Power and Renewable Electricity Producers
Performance
% Chg-1.35%
1 Week0.55%
2 Weeks-10.15%
1 Month-4.03%
3 Month0.71%
6 Month17.88%
12 Month24.36%
2 Year31.87%
3 Year6.88%
5 Year83.67%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.04
ATR(20)%1.85%
ATR Inc-61.51%
Range Today0
ADR(20)0.02
ADR(20)%0.93%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS68.36
Mansfield0.27
10 Day High2.05
10 Day Low1.81
20 Day High2.06
20 Day Low1.81
52 Week High2.06
52 Week Low1.48
CS1 End1.82
CR1 Start1.84
Volume & EV
DER(3)0%
DER(5)0.36%
Volume1.07K
Volume Incr-41.67%
Vol(5)5.86K
Vol(50)5.65K