ENDEAVOUR SILVER CORP (EDR.CA) Stock Technical Analysis
TSX:EDR - Toronto Stock Exchange - CA29258Y1034 - Common Stock - Currency: CAD
Taking everything into account, EDR scores 5 out of 10 in our technical rating. Although EDR is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
EDR has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 5.74. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 5.25, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for EDR in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
5.04
When analyzing the support we can see 2 important areas.
- A support zone ranging from 5.20 to 5.25. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @5.09 from a horizontal line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 5.74 to 5.75. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @5.98 from a horizontal line in the daily time frame.
TSX:EDR (3/7/2025, 7:00:00 PM)
5.71
+0.05 (+0.88%)