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.O) Moving Averages Convergence Divergence (MACD) indicator is -0.111, suggesting EDSA.O is Strong sell.

Edesa Biotech Inc (EDSA.O) 20-Day simple moving average is 1.344, while Edesa Biotech Inc (EDSA.O) share price is $1.12, making it Sell.

Edesa Biotech Inc (EDSA.O) 60-Day simple moving average is 1.53, while Edesa Biotech Inc (EDSA.O) share price is $1.12, making it Sell.

Technical Analysis for EDSA

Technical Sentiment Analysis for Edesa Biotech Inc (EDSA) As of 2026-02-06, Edesa Biotech Inc (EDSA) is exhibiting a Strong sell technical sentiment. Our proprietary analysis, which aggregates 12 technical signals, shows that 3 indicators are flashing buy, while 9 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for EDSA stands at 29.453, which suggests a Buy condition. Meanwhile, the MACD (12, 26) indicator is at -0.111, providing a Sell signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 28.292 and the Commodity Channel Index (CCI) at -122.45 further confirm a -0.33 outlook for the stock.

Support, Resistance & Moving Averages From a structural perspective, EDSA is trading below its 60-day moving average of $1.53 and below its 200-day long-term moving average of $2.026. Key price levels to watch include the immediate resistance at $1.486 and strong support at $0.953. A break above $1.486 could signal a bull continuation, while falling below $0.953 may test the next Fibonacci floor at $0.68.

Edesa Biotech Inc (EDSA) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	0.42	0.68	0.953	1.213	1.486	1.746	2.019
Fibonacci	0.68	0.884	1.01	1.213	1.417	1.543	1.746

Edesa Biotech Inc (EDSA) Technical Indicators

2026-02-06

Name	Value
RSI_14	29.453
STOCHk_14_3_3	28.292
STOCHd_14_3_3	25.397
CCI_20	-122.45
AO_5_34	-0.248
MOM_10	-0.33
MACD_12_26_9	-0.111

Edesa Biotech Inc (EDSA) Relative Strength Index (RSI) is 29.453, creating a Buy signal.

Edesa Biotech Inc (EDSA) Stochastic Oscillator is 28.292, creating a Neutral signal.

Edesa Biotech Inc (EDSA) Stochastic RSI is 25.397, creating a Neutral signal.

Edesa Biotech Inc (EDSA) Commodity Channel Index (CCI) is -122.45, creating a Buy signal.

Edesa Biotech Inc (EDSA) Awesome Oscillator is -0.248, creating a Sell signal.

Edesa Biotech Inc (EDSA) Momentum is -0.33, creating a Sell signal.

Edesa Biotech Inc (EDSA) MACD is -0.111, creating a Sell signal.

Edesa Biotech Inc (EDSA) Moving Average

2026-02-06

Period	Simple	Signal
MA_5	1.14	Sell
MA_10	1.226	Sell
MA_20	1.344	Sell
MA_60	1.53	Sell
MA_200	2.026	Sell
MA_250	2.09	Sell

Edesa Biotech Inc (EDSA) 5-Day simple moving average is 1.14, while Edesa Biotech Inc (EDSA) share price is $1.12, making it a Sell.

Edesa Biotech Inc (EDSA) 10-Day simple moving average is 1.226, while Edesa Biotech Inc (EDSA) share price is $1.12, making it a Sell.

Edesa Biotech Inc (EDSA) 20-Day simple moving average is 1.344, while Edesa Biotech Inc (EDSA) share price is $1.12, making it a Sell.

Edesa Biotech Inc (EDSA) 60-Day simple moving average is 1.53, while Edesa Biotech Inc (EDSA) share price is $1.12, making it a Sell.

Edesa Biotech Inc (EDSA) 200-Day simple moving average is 2.026, while Edesa Biotech Inc (EDSA) share price is $1.12, making it a Sell.

Edesa Biotech Inc (EDSA) 250-Day simple moving average is 2.09, while Edesa Biotech Inc (EDSA) share price is $1.12, making it a Sell.

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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 sell. This rating is derived from a combined analysis of moving averages and oscillators, currently showing 3 buy signals and 3 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 0.953 and a major resistance level at 1.486. Traders also monitor the pivot point at 1.213 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 29.453. This indicates that the stock is in oversold 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 -0.111, suggesting EDSA is strong sell. 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 $1.12, which is below its 200-day simple moving average of 2.026. Trading below the 200-day MA is often used by investors to determine the long-term bullish or bearish trend.