EDSA Technical Analysis & Stock Price Forecast

Technical Sentiment

Overall Consensus

Sell

Buy

Technical Analysis Consensus

Sell

Buy

Moving Average Consensus

Sell

Buy

Edesa Biotech Inc (EDSA) Moving Averages Convergence Divergence (MACD) indicator is 0.466, suggesting EDSA is Strong Buy.

Edesa Biotech Inc (EDSA) 20-Day simple moving average is 14.107, while Edesa Biotech Inc (EDSA) share price is $10.46, making it Sell.

Edesa Biotech Inc (EDSA) 60-Day simple moving average is 8.672, while Edesa Biotech Inc (EDSA) share price is $10.46, making it Buy.

Technical Analysis for EDSA

Technical Sentiment Analysis for Edesa Biotech Inc (EDSA) As of 2026-05-22, Edesa Biotech Inc (EDSA) is exhibiting a Strong Buy technical sentiment. Our proprietary analysis, which aggregates 13 technical signals, shows that 9 indicators are flashing buy, while 4 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for EDSA stands at 46.407, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at 0.466, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 19.944 and the Commodity Channel Index (CCI) at -107.105 further confirm a -5.84 outlook for the stock.

Support, Resistance & Moving Averages From a structural perspective, EDSA is trading above its 60-day moving average of $8.672 and above its 200-day long-term moving average of $3.922. Key price levels to watch include the immediate resistance at $16.841 and strong support at $8.391. A break above $16.841 could signal a bull continuation, while falling below $8.391 may test the next Fibonacci floor at $4.315.

Edesa Biotech Inc (EDSA) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	-0.0593	4.315	8.391	12.765	16.841	21.215	25.291
Fibonacci	4.315	7.543	9.537	12.765	15.993	17.987	21.215

Edesa Biotech Inc (EDSA) Technical Indicators

2026-05-22

Name	Value
RSI_14	46.407
STOCHk_14_3_3	19.944
STOCHd_14_3_3	19.805
CCI_20	-107.105
AO_5_34	0.139
MOM_10	-5.84
MACD_12_26_9	0.466

Edesa Biotech Inc (EDSA) Relative Strength Index (RSI) is 46.407, creating a Neutral signal.

Edesa Biotech Inc (EDSA) Stochastic Oscillator is 19.944, creating a Buy signal.

Edesa Biotech Inc (EDSA) Stochastic RSI is 19.805, creating a Buy signal.

Edesa Biotech Inc (EDSA) Commodity Channel Index (CCI) is -107.105, creating a Buy signal.

Edesa Biotech Inc (EDSA) Awesome Oscillator is 0.139, creating a Buy signal.

Edesa Biotech Inc (EDSA) Momentum is -5.84, creating a Sell signal.

Edesa Biotech Inc (EDSA) MACD is 0.466, creating a Buy signal.

Edesa Biotech Inc (EDSA) Moving Average

2026-05-22

Period	Simple	Signal
MA_5	10.642	Sell
MA_10	12.466	Sell
MA_20	14.107	Sell
MA_60	8.672	Buy
MA_200	3.922	Buy
MA_250	3.559	Buy

Edesa Biotech Inc (EDSA) 5-Day simple moving average is 10.642, while Edesa Biotech Inc (EDSA) share price is $10.46, making it a Sell.

Edesa Biotech Inc (EDSA) 10-Day simple moving average is 12.466, while Edesa Biotech Inc (EDSA) share price is $10.46, making it a Sell.

Edesa Biotech Inc (EDSA) 20-Day simple moving average is 14.107, while Edesa Biotech Inc (EDSA) share price is $10.46, making it a Sell.

Edesa Biotech Inc (EDSA) 60-Day simple moving average is 8.672, while Edesa Biotech Inc (EDSA) share price is $10.46, making it a Buy.

Edesa Biotech Inc (EDSA) 200-Day simple moving average is 3.922, while Edesa Biotech Inc (EDSA) share price is $10.46, making it a Buy.

Edesa Biotech Inc (EDSA) 250-Day simple moving average is 3.559, while Edesa Biotech Inc (EDSA) share price is $10.46, making it a Buy.

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Frequently Asked Questions

What is the current technical consensus for EDSA?

The overall technical consensus for Edesa Biotech Inc (EDSA) is currently Strong Buy. This rating is derived from a combined analysis of moving averages and oscillators, currently showing 6 buy signals and 1 sell signals.

What are the key support and resistance levels for Edesa Biotech Inc (EDSA) today?

Based on pivot point calculations, Edesa Biotech Inc (EDSA) has an immediate support level at 8.391 and a major resistance level at 16.841. Traders also monitor the pivot point at 12.765 to determine the intraday trend direction.

Is Edesa Biotech Inc (EDSA) overbought or oversold based on the RSI?

The Relative Strength Index (RSI) for Edesa Biotech Inc (EDSA) is currently 46.407. This indicates that the stock is in neutral territory (typically, a value below 30 is oversold and above 70 is overbought).

What signal is the MACD providing for Edesa Biotech Inc (EDSA)?

Edesa Biotech Inc (EDSA) Moving Averages Convergence Divergence (MACD) indicator is 0.466, suggesting EDSA is Strong Buy. This indicator helps identify potential trend reversals or momentum shifts for Edesa Biotech Inc.

How is Edesa Biotech Inc (EDSA) performing relative to its 200-day moving average?

Edesa Biotech Inc (EDSA) is currently trading at $10.46, which is above its 200-day simple moving average of 3.922. Trading above the 200-day MA is often used by investors to determine the long-term bullish or bearish trend.