ED Technical Signal Analysis
ED have 5 buy signals and 1 sell signal now. The current trend is consolidation starting from 2025-03-10. The total price change during this trend is -1.96%. Recently, the price has increased but the volume has decreased, indicating a potential warning signal. The average turnover of ED over last 5 trading day is $316,936,307.37
5 Bullish Signal
1 Bearish Signal
Name
Signal
Value
Meaning
Awesome Oscillator (5, 34)
AO_5_34 > 0
6.33
Bullish
Momentum (10 days)
MOM_10 > 0
4.65
Bullish
Moving Average Convergence Divergence (12, 26, 9)
MACD_12_26_9 > 0
2.47
Bullish
Stochastic RSI %K (14, 14, 3, 3)
STOCHRSIk_14_14_3_3 < 20
17.58
Bullish
Moving Average
Price crosses above 5-day SMA
--
Bullish
Name
Signal
Value
Meaning
Commodity Channel Index (20 days, 0.015 constant)
CCI_20_0.015 > 100
100.67
Bearish
5 Bullish Signal
Name
Signal
Value
Meaning
Awesome Oscillator (5, 34)
AO_5_34 > 0
6.33
Bullish
Momentum (10 days)
MOM_10 > 0
4.65
Bullish
Moving Average Convergence Divergence (12, 26, 9)
MACD_12_26_9 > 0
2.47
Bullish
Stochastic RSI %K (14, 14, 3, 3)
STOCHRSIk_14_14_3_3 < 20
17.58
Bullish
Moving Average
Price crosses above 5-day SMA
--
Bullish
ED Support and Resistance Level
The support levels for ED are at 99.88, 97.75, and 94.32, while the resistance levels are at 106.75, 108.88, and 112.32. With the current stock price at 104.57, it is leaning more toward the resistance levels.
ED Technical Analysis
Technical Analysis of ED Stock
Current Price and Trend Analysis:
As of the latest data (2025-03-07), ED stock is trading at 103.69. The stock has shown a bullish trend recently, closing at 103.64 with a high of 104.0813 and a low of 100.78. The volume was 2,865,771, indicating moderate trading activity.
Key Technical Indicators:
- RSI (14-period): 66.07, indicating the stock is not overbought and has room for upside.
- Stochastic Oscillator (14-period): K line at 62.38, D line at 64.58, suggesting the stock is in a bearish zone but nearing a potential bullish crossover.
- MACD: Positive at 2.26 with a signal line of 0.27, indicating a bullish signal.
- Fibonacci Levels: Pivot at 101.82, resistance at 104.71, and support at 98.93.
Moving Averages:
- SMA 20: 98.61
- SMA 50: 93.81
- SMA 200: 96.71
The stock is currently above the 200-period SMA, a bullish sign.
Bollinger Bands:
- BB Lower: 89.73
- BB Middle: 98.61
- BB Upper: 107.49
The stock is near the lower band, suggesting potential undervaluation.
Recommendation:
Buy ED stock at the current price of 103.69 with a target of 104.71 (first resistance level). Set a stop-loss below the pivot point at 101.82 to manage risk.
Disclaimer: This analysis is for informational purposes only and should not be considered as investment advice. Always conduct your own research or consult a financial advisor before making investment decisions.
ED FAQs
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Is ED a buy based on overall technical signals summary?
ED Buy or Sell
ED has 5 buy signals and 1 sell signals now. Overall the technical rating for ED is Strong buy.
Strong buy
Sell
1
Buy
5
ED Moving Average
This analysis outlines the stock's performance across different time frames using Simple Moving Averages (SMA). In the swing, the stock shows a positive trend with the 104.57 above the SMA_5. In the short term, the stock shows a positive trend with the 104.26 above the SMA_20. In the mid term, the stock shows a negative trend with the 100.31 below the SMA_60. In the long term, the stock shows a negative trend with the 94.52 below the SMA_200.
Swing
Positive
Stock Price Above SMA_5
Short Term
Positive
SMA_5 Above SMA_20
Mid Term
Negative
SMA_20 Below SMA_60
Long Term
Negative
SMA_60 Below SMA_200
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What do technical indicators suggest about ED's current trend?What are ED's key support and resistance levels?