SPECTRAL MEDICAL INC (EDT.CA) Stock Technical Analysis
TSX:EDT - Toronto Stock Exchange - CA8475771033 - Common Stock - Currency: CAD
Taking everything into account, EDT scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, EDT is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that EDT is one of the better performing stocks in the market, outperforming 92% of all stocks. We also observe that the gains produced by EDT over the past year are nicely spread over this period.
EDT is part of the Biotechnology industry. There are 21 other stocks in this industry. EDT outperforms 95% of them.
EDT is currently trading in the upper part of its 52 week range. The market is still in the middle of its 52 week range, so EDT slightly outperforms the market at the moment.
EDT is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
EDT has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. We notice that large players showed an interest for EDT 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
0.47
0.83
6 important support areas can be observed.
- A support zone ranging from 0.72 to 0.72. 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 0.68 to 0.70. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @0.52 from a trend line in the weekly time frame.
- Support @0.49 from a trend line in the weekly time frame.
- Support @0.48 from a horizontal line in the daily time frame.
- Support @0.47 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 0.82 to 0.82. This zone is formed by a combination of multiple trend lines 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
CRS92.09
Mansfield3.79
10 Day High0.85
10 Day Low0.7
20 Day High0.85
20 Day Low0.66
52 Week High0.85
52 Week Low0.43
Performance
1 Week-3.66%
2 Weeks9.72%
1 Month5.33%
3 Month33.9%
6 Month33.9%
12 Month64.58%
2 Year198.11%
3 Year159.02%
5 Year17.91%
10 Year-13.19%
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)59.08
LBB0.66
UBB0.86
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 |
|---|---|---|---|
| 0.83 | 0.71 | 0.12 (14.46%) | 6.92% |
| An entry @0.83. This is a Buy Stop order right above the resistance zone. | An exit @0.71. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.12 points, which is 14.46%. | For a 1.00% total portfolio risk, you can invest 6.92% of your capital in this trade. |
- 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:EDT (4/25/2025, 7:00:00 PM)
0.79
-0.02 (-2.47%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-2.47%
1 Week-3.66%
2 Weeks9.72%
1 Month5.33%
3 Month33.9%
6 Month33.9%
12 Month64.58%
2 Year198.11%
3 Year159.02%
5 Year17.91%
10 Year-13.19%
15 YearN/A
Volatility
ATR(14)0.04
ATR(20)%4.37%
ATR Inc-50%
Range Today0.03
ADR(20)0.03
ADR(20)%3.86%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.09
Mansfield3.79
10 Day High0.85
10 Day Low0.7
20 Day High0.85
20 Day Low0.66
52 Week High0.85
52 Week Low0.43
CS1 End0.72
CR1 Start0.82
Volume & EV
DER(3)9.11%
DER(5)-9.03%
Volume21.00K
Volume Incr-77.57%
Vol(5)15.88K
Vol(50)80.98K