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Edesa Biotech, Inc.

EDSA Technical Analysis Summary (NASDAQ)

Analyze EDSA on the NASDAQ with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

EDSA●NASDAQ
HealthcareBiotechnology
$2.49
$0.35(16.36%)
U.S. Market opens in 16h 13m

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

EDSA Technical Analysis Summary (NASDAQ)

Edesa Biotech, Inc. (NASDAQ: EDSA) stock currently shows a bearish trend on the NASDAQ, supported by momentum and weak buying pressure.

Overall Sentiment:Sell
Momentum:Bullish to Strongly Bullish (RSI: 27.71)
Trend Strength:Strong (ADX: 31.84)
Volatility:High (ATR: 0.26)
Support/Resistance:$2.12 – $3.07 (Bollinger Bands)

Technical conditions suggest Edesa Biotech, Inc. on the NASDAQ is awaiting a decisive move. Technical conditions suggest Edesa Biotech, Inc. is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 27.71

Bullish
Oversold, buying opportunity potential.

Stochastic %K: 8.07

Bullish
Oversold zone signals rebound potential.

Williams %R: -83.33

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -21.58

Strongly Bearish
Sharp downside momentum.

Takeaway:Edesa Biotech, Inc. shows oversold momentum, with rebound potential building.

Trend & Volatility

MACD: -0.39

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 31.84

Strong
Strong trend, momentum well established.

ATR (14): 0.26

Low
Low volatility, stable price action.

CCI (14): -135.56

Bearish
Bearish, oversold conditions may spark rebound.

Takeaway:Edesa Biotech, Inc. shows weakening trend signals, with bearish pressure building.

Support & Resistance indicators
Bollinger Bands
Upper Band
$3.07
Middle Band (SMA 20)
$2.60
Lower Band
$2.12
Current Position
Within Bands

Takeaway:Edesa Biotech, Inc. trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$3.20
Middle Line (EMA 20)
$2.68
Lower Channel
$2.16
Squeeze Status
Squeeze On

Takeaway:Edesa Biotech, Inc. trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume-689.32K
Money Flow Index24.84Bearish, selling pressure outweighs inflows.
Relative Vigor Index39.46Bearish, price momentum favors sellers.

Overall Takeaway:EDSA shows bearish money flow, with sellers dominating volume and vigor.

Technical Trading Signals Summary
Based on the current technical analysis of Edesa Biotech, Inc. (NASDAQ: EDSA), here are the key trading signals and recommendations:

Bullish Signals

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:Edesa Biotech, Inc. shows a Bearish signal — selling pressure is building, with trend indicators favoring downside.

(NASDAQ: EDSA) Technical Analysis FAQ