ENDEAVOUR SILVER CORP (EDR.CA) Stock Technical Analysis
TSX:EDR - CA29258Y1034 - Common Stock
Overall EDR gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, EDR is showing a nice and steady performance.
EDR has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 7.97. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 7.51, 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.
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4.82
When analyzing the support we can see 5 important areas.
- A support zone ranging from 7.46 to 7.51. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 7.03 to 7.25. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 6.85 to 6.85. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @5.09 from a trend line in the weekly time frame.
- Support @4.87 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 7.97 to 7.98. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for EDR.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for EDR.CA is up. |
| ChartMill Relative Strength | 90.69 | POSITIVE | EDR.CA has a high relative strength, it outperformed 90.69% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of EDR.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of EDR.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of EDR.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 60.11 | NEUTRAL | The RSI value for EDR.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests EDR.CA has a positive trend. |
| Stochastics (14,3) | 73.09 | NEUTRAL | The Stochastics value for EDR.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 5.16 | HIGH VOLATILITY | The high ATR as a percentage value for EDR.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 15.92 | NEGATIVE | The low ADX value for EDR.CA suggests a weak or negative trend. |
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 |
|---|---|---|---|
| 7.99 | 7.45 | 0.54 (6.76%) | 14.80% |
| An entry @7.99. This is a Buy Stop order right above the resistance zone. | An exit @7.45. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.54 points, which is 6.76%. | When investing 14.80% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of EDR. Please evaluate whether better entry and exit points can be found.
- 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:EDR (8/22/2025, 7:00:00 PM)
7.96
+0.13 (+1.66%)