


Technical Sentiment Analysis for Edesa Biotech Inc (EDSA) As of 2026-06-12, Edesa Biotech Inc (EDSA) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 11 technical signals, shows that 5 indicators are flashing buy, while 6 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for EDSA stands at 37.844, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -1.555, providing a Sell signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 14.573 and the Commodity Channel Index (CCI) at -69.967 further confirm a -1.42 outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, EDSA is trading above its 60-day moving average of $8.949 and above its 200-day long-term moving average of $4.226. Key price levels to watch include the immediate resistance at $7.66 and strong support at $4.44. A break above $7.66 could signal a bull continuation, while falling below $4.44 may test the next Fibonacci floor at $2.89.
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 1.22 | 2.89 | 4.44 | 6.11 | 7.66 | 9.33 | 10.88 |
| Fibonacci | 2.89 | 4.12 | 4.88 | 6.11 | 7.34 | 8.1 | 9.33 |
2026-06-12
| Name | Value |
|---|---|
| RSI_14 | 37.844 |
| STOCHk_14_3_3 | 14.573 |
| STOCHd_14_3_3 | 10.396 |
| CCI_20 | -69.967 |
| AO_5_34 | -5.715 |
| MOM_10 | -1.42 |
| MACD_12_26_9 | -1.555 |
2026-06-12
| Period | Simple | Signal |
|---|---|---|
| MA_5 | 5.394 | Buy |
| MA_10 | 5.99 | Sell |
| MA_20 | 7.946 | Sell |
| MA_60 | 8.949 | Sell |
| MA_200 | 4.226 | Buy |
| MA_250 | 3.82 | Buy |