


Technical Sentiment Analysis for Edesa Biotech Inc (EDSA) As of 2026-07-02, Edesa Biotech Inc (EDSA) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 11 technical signals, shows that 4 indicators are flashing buy, while 7 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for EDSA stands at 48.275, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -0.245, providing a Sell signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 70.053 and the Commodity Channel Index (CCI) at 58.882 further confirm a 0.62 outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, EDSA is trading above its 60-day moving average of $9.179 and above its 200-day long-term moving average of $4.547. Key price levels to watch include the immediate resistance at $8.837 and strong support at $6.507. A break above $8.837 could signal a bull continuation, while falling below $6.507 may test the next Fibonacci floor at $5.369.
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 4.177 | 5.369 | 6.507 | 7.699 | 8.837 | 10.029 | 11.167 |
| Fibonacci | 5.369 | 6.259 | 6.809 | 7.699 | 8.589 | 9.139 | 10.029 |
2026-07-02
| Name | Value |
|---|---|
| RSI_14 | 48.275 |
| STOCHk_14_3_3 | 70.053 |
| STOCHd_14_3_3 | 77.329 |
| CCI_20 | 58.882 |
| AO_5_34 | -0.193 |
| MOM_10 | 0.62 |
| MACD_12_26_9 | -0.245 |
2026-07-02
| Period | Simple | Signal |
|---|---|---|
| MA_5 | 7.848 | Sell |
| MA_10 | 7.646 | Sell |
| MA_20 | 6.754 | Buy |
| MA_60 | 9.179 | Sell |
| MA_200 | 4.547 | Buy |
| MA_250 | 4.098 | Buy |