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EDP Renováveis, S.A.

EDRVF•PNK
Utilities
Renewable Utilities
$14.67
$-1.21(-7.63%)
U.S. Market opens in 10h 13m

EDP Renováveis, S.A. (EDRVF) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for EDP Renováveis, S.A. (PNK:EDRVF).

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

EDRVF Technical Analysis Summary

EDP Renováveis, S.A. stock currently trades in a neutral range, with no clear dominance from buyers or sellers.

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 44.37)
Trend Strength:Moderate (ADX: 21.21)
Volatility:Low (ATR: 0.22)
Support/Resistance:$14.24 – $15.89 (Bollinger Bands)

Technical conditions suggest EDP Renováveis, S.A. is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 44.37

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 33.33

Bearish
Momentum remains weak below midpoint.

Williams %R: -100.00

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -1.48

Bearish
Selling pressure outweighs buying.

Takeaway:EDP Renováveis, S.A. shows strong bearish momentum, signaling downside pressure.

Trend & Volatility

MACD: 0.20

Bullish
Bullish, trend momentum is strengthening.

ADX: 21.21

Moderate
Moderate trend, direction gaining strength.

ATR (14): 0.22

Low
Low volatility, stable price action.

CCI (14): -75.58

Bearish
Bearish, momentum remains under pressure.

Takeaway:EDP Renováveis, S.A. shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$15.89
Middle Band (SMA 20)
$15.07
Lower Band
$14.24
Current Position
Within Bands

Takeaway:EDP Renováveis, S.A. trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$15.49
Middle Line (EMA 20)
$15.06
Lower Channel
$14.62
Squeeze Status
No Squeeze

Takeaway:EDP Renováveis, S.A. trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume-7.67K
Money Flow Index6.65Bullish, oversold conditions signal rebound potential.
Relative Vigor Index7.39Bearish, price momentum favors sellers.

Overall Takeaway:EDRVF shows oversold money flow, with rebound potential building.

Technical Trading Signals Summary
Based on the current technical analysis of EDP Renováveis, S.A., here are the key trading signals and recommendations:

Bullish Signals

MACD above 0 → bullish trend confirmation.

ADX above 20 → strong underlying trend.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

MACD below signal line → short-term caution on momentum.

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Technical indicators for EDP Renováveis, S.A. are mixed, suggesting a Hold or wait-and-see approach.

Technical Analysis FAQ