Technical Analysis for EDSA - Edesa Biotech, Inc.

Grade Last Price % Change Price Change
grade F 4.04 -0.25% -0.01
EDSA closed down 0.25 percent on Thursday, August 22, 2019, on 3 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
Weak or Absent Down Down Down
See historical EDSA trend table...

Date Alert Name Type % Chg
MACD Bullish Signal Line Cross Bullish 0.00%
Oversold Stochastic Weakness 0.00%
Narrow Range Bar Range Contraction -0.25%
Oversold Stochastic Weakness -0.25%
MACD Bearish Signal Line Cross Bearish 0.25%
Narrow Range Bar Range Contraction 0.25%
Oversold Stochastic Weakness 0.25%
180 Bearish Setup Bearish Swing Setup -1.70%
Stochastic Reached Oversold Weakness -1.70%
Oversold Stochastic Weakness -1.70%

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: 0 bullish, 3 bearish and 2 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 199,230
200-Day Moving Average 6.2956
50-Day Moving Average 5.2404
20-Day Moving Average 4.4883
10-Day Moving Average 4.2205
Average True Range 0.3919
ADX 15.66
+DI 20.2178
-DI 25.1695
Chandelier Exit (Long, 3 ATRs ) 4.1743
Chandelier Exit (Short, 3 ATRs ) 5.1757
Upper Bollinger Band 5.1259
Lower Bollinger Band 3.8507
Percent B (%b) 0.15
BandWidth 28.411648
MACD Line -0.3686
MACD Signal Line -0.3721
MACD Histogram 0.0035
Fundamentals Value
Market Cap 42.51 Million
Num Shares 10.5 Million
EPS -0.51
Price-to-Earnings (P/E) Ratio -7.92
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) 4.39
Resistance 3 (R3) 4.42 4.35 4.33
Resistance 2 (R2) 4.35 4.26 4.33 4.31
Resistance 1 (R1) 4.19 4.20 4.16 4.16 4.29
Pivot Point 4.12 4.12 4.10 4.10 4.12
Support 1 (S1) 3.96 4.03 3.93 3.93 3.79
Support 2 (S2) 3.89 3.97 3.87 3.77
Support 3 (S3) 3.73 3.89 3.75
Support 4 (S4) 3.70