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SPECTRAL MEDICAL INC (EDT.CA) Stock Technical Analysis

TSX:EDT - Toronto Stock Exchange - CA8475771033 - Common Stock - Currency: CAD

0.65  +0.01 (+1.56%)

Technical Rating and Analysis

9

Overall EDT gets a technical rating of 9 out of 10. Both in the recent history as in the last year, EDT has proven to be a steady performer, scoring decent points in every aspect analyzed.

Both the short term and long term trends are positive. This is a very positive sign.
EDT is one of the better performing stocks in the Biotechnology industry, it outperforms 75% of 25 stocks in the same industry.
EDT is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so EDT is lagging the market slightly.
In the last month EDT has a been trading in the 0.49 - 0.65 range, which is quite wide. It is currently trading near the high of this range.
When comparing the yearly performance of all stocks, we notice that EDT is one of the better performing stocks in the market, outperforming 82% of all stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Weekly and Daily overview Charts
SPECTRAL MEDICAL INC / EDT Weekly stock chart
SPECTRAL MEDICAL INC / EDT Daily stock chart
Setup Rating and Analysis

3

Although EDT has an excellent technical rating, it does not offer a high quality setup 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.

Support and Resistance Analysis

0.47

0.66

4 important support areas can be observed.

  • Support @0.51 from a trend line in the daily 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.
  • A support zone ranging from 0.47 to 0.47. This zone is formed by a combination of multiple trend lines in multiple time frames.

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
CRS82.15
Mansfield1.18
10 Day High0.65
10 Day Low0.55
20 Day High0.65
20 Day Low0.5
52 Week High0.75
52 Week Low0.39
Performance
1 Week6.56%
2 Weeks8.33%
1 Month31.31%
3 Month22.64%
6 Month-4.41%
12 Month27.45%
2 Year109.68%
3 Year103.13%
5 Year-2.99%
10 Year4.84%
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)70.76
LBB0.53
UBB0.68
SPECTRAL MEDICAL INC / EDT Daily stock chart

SPECTRAL MEDICAL INC

TSX:EDT (2/21/2025, 7:00:00 PM)

0.65

+0.01 (+1.56%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg1.56%
1 Week6.56%
2 Weeks8.33%
1 Month31.31%
3 Month22.64%
6 Month-4.41%
12 Month27.45%
2 Year109.68%
3 Year103.13%
5 Year-2.99%
10 Year4.84%
15 YearN/A
Volatility
ATR(14)0.03
ATR(20)%5.35%
ATR Inc-71.43%
Range Today0.01
ADR(20)0.03
ADR(20)%4.96%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS82.15
Mansfield1.18
10 Day High0.65
10 Day Low0.55
20 Day High0.65
20 Day Low0.5
52 Week High0.75
52 Week Low0.39
CS1 End0.51
CR1 StartN/A
Volume & EV
DER(3)-11.81%
DER(5)-2.34%
Volume49.72K
Volume Incr104.85%
Vol(5)60.82K
Vol(50)53.97K