Technical Analysis for EDSA - Edesa Biotech, Inc.

Grade Last Price % Change Price Change
grade D 5.37 -1.47% -0.08
EDSA closed down 2.68 percent on Tuesday, July 16, 2019, on 4 percent of normal volume. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a bounce should not be unexpected.

Trend Table & Recent Signals
ADX Long-Term Intermediate-Term Short-Term
Strong Down Down Down
See historical EDSA trend table...

Date Alert Name Type % Chg
MACD Bearish Centerline Cross Bearish -1.47%
1,2,3 Pullback Bullish Bullish Swing Setup -1.47%
Narrow Range Bar Range Contraction -1.47%
Stochastic Reached Oversold Weakness -1.47%
Wide Bands Range Expansion -1.47%
Down 3 Days in a Row Weakness -1.47%
Oversold Stochastic Weakness -1.47%
Fell Below 20 DMA Bearish -4.11%
1,2,3 Pullback Bullish Bullish Swing Setup -4.11%
Wide Bands Range Expansion -4.11%

Older signals for EDSA ...

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Basic chart:
Profile
Edesa Biotech, Inc. is a clinical-stage biopharmaceutical company focused on efficiently developing innovative treatments that address significant unmet medical needs. Edesa's lead product candidate, EB01, is a novel non-steroidal anti-inflammatory molecule (sPLA2 inhibitor) for the treatment of chronic allergic contact dermatitis which has demonstrated statistically significant improvements in multiple clinical studies. Edesa also intends to expand the utility of its sPLA2 inhibitor technology, which forms the basis for EB01, across multiple indications. The company is based in Toronto, Canada, with U.S. offices in Southern California.
Biopharmaceutical Pharmaceutical Industry Medication
Is EDSA a Buy, Sell or Hold?
Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength
Summary: Counts: 2 bullish, 3 bearish and 0 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 17.4
52 Week Low 3.59
Average Volume 390,925
200-Day Moving Average 6.7128
50-Day Moving Average 6.3491
20-Day Moving Average 6.3193
10-Day Moving Average 6.4686
Average True Range 0.9238
ADX 39.93
+DI 37.6974
-DI 24.4702
Chandelier Exit (Long, 3 ATRs ) 10.7886
Chandelier Exit (Short, 3 ATRs ) 6.3614
Upper Bollinger Band 8.1514
Lower Bollinger Band 4.4872
Percent B (%b) 0.26
BandWidth 57.98427
MACD Line -0.0736
MACD Signal Line 0.0457
MACD Histogram -0.1193
Fundamentals Value
Market Cap 57.35 Million
Num Shares 10.5 Million
EPS -0.51
Price-to-Earnings (P/E) Ratio -10.69
Price-to-Sales 24.12
Price-to-Book 1.41
PEG Ratio 0.00
Dividend 0.00
Dividend Yield 0.00%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 6.05
Resistance 3 (R3) 6.06 5.87 5.95
Resistance 2 (R2) 5.87 5.72 5.87 5.91
Resistance 1 (R1) 5.66 5.63 5.57 5.65 5.88
Pivot Point 5.48 5.48 5.43 5.47 5.48
Support 1 (S1) 5.26 5.32 5.17 5.25 5.02
Support 2 (S2) 5.08 5.23 5.07 4.99
Support 3 (S3) 4.87 5.08 4.95
Support 4 (S4) 4.85