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EDP RENOVAVEIS SA (EDPR.LS) Stock Technical Analysis

ELI:EDPR - Euronext Lisbon - ES0127797019 - Common Stock - Currency: EUR

9.01  +0.16 (+1.87%)

Technical Rating and Analysis

0

We assign a technical rating of 0 out of 10 to EDPR. EDPR 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 negative, as is the long term trend. There should be more interesting stocks out there.
96% of all other stocks performed better in the past year than EDPR.
EDPR is part of the Independent Power and Renewable Electricity Producers industry. There are 23 other stocks in this industry, of which 72% are performing better than EDPR.
EDPR is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
EDPR 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.
EDPR has an average volume of 1086640 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Weekly and Daily overview Charts
EDP RENOVAVEIS SA / EDPR Weekly stock chart
EDP RENOVAVEIS SA / EDPR Daily stock chart
Setup Rating and Analysis

8

Although the technical rating is bad, EDPR does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 8.88, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

8.58

14.86

We found 1 important support area.

  • A support zone ranging from 8.67 to 8.88. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.

When analyzing the resistance we notice 3 important areas.

  • Resistance @9.45 from a trend line in the daily time frame.
  • A resistance zone ranging from 10.24 to 10.24. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @14.71 from a trend line in the weekly time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS4.64
Mansfield-3.59
10 Day High9.36
10 Day Low8.64
20 Day High9.76
20 Day Low8.64
52 Week High16.3
52 Week Low8.64
Performance
1 Week1.18%
2 Weeks-2.7%
1 Month-7.68%
3 Month-16.81%
6 Month-36.28%
12 Month-36.08%
2 Year-53.58%
3 Year-58.52%
5 Year-26.15%
10 Year45.58%
15 Year52.22%
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)0.04
RSI(14)42.28
LBB8.48
UBB9.6
EDP RENOVAVEIS SA / EDPR Daily stock chart

EDP RENOVAVEIS SA

ELI:EDPR (2/4/2025, 7:00:00 PM)

9.01

+0.16 (+1.87%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryIndependent Power and Renewable Electricity Producers
Performance
% Chg1.87%
1 Week1.18%
2 Weeks-2.7%
1 Month-7.68%
3 Month-16.81%
6 Month-36.28%
12 Month-36.08%
2 Year-53.58%
3 Year-58.52%
5 Year-26.15%
10 Year45.58%
15 Year52.22%
Volatility
ATR(14)0.29
ATR(20)%3.46%
ATR Inc-14.86%
Range Today0.24
ADR(20)0.3
ADR(20)%3.3%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS4.64
Mansfield-3.59
10 Day High9.36
10 Day Low8.64
20 Day High9.76
20 Day Low8.64
52 Week High16.3
52 Week Low8.64
CS1 End8.88
CR1 Start9.45
Volume & EV
DER(3)1.75%
DER(5)1.74%
Volume885.02K
Volume Incr-21.33%
Vol(5)866.01K
Vol(50)1.09M