Technical Analysis for EDSA - Edesa Biotech, Inc.

Grade Last Price % Change Price Change
D 4.39 2.57% 0.11
EDSA closed up 2.57 percent on Monday, July 1, 2024, on 21 percent of normal volume.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Down Up

Date Alert Name Type % Chg
Outside Day Range Expansion 0.00%
20 DMA Resistance Bearish 2.57%
50 DMA Resistance Bearish 2.57%
Slingshot Bearish Bearish Swing Setup 2.57%
Gapped Up Strength 2.57%
Outside Day Range Expansion 1.58%
Gapped Up Strength 1.58%
Lower Bollinger Band Touch Weakness 1.58%
Gapped Down Weakness 5.78%
20 DMA Resistance Bearish 0.34%

   Recent Intraday Alerts

Alert Time
Fell Below Previous Day's Low about 9 hours ago
Down 2 % about 9 hours ago
Down 1% about 9 hours ago
Possible NR7 3 days ago
Possible Inside Day 3 days ago

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Profile

Edesa Biotech, Inc. is a clinical-stage biopharmaceutical company focused on efficiently developing innovative treatments that address significant unmet medical needs. Edesa's lead product candidate, EB01, is a novel non-steroidal anti-inflammatory molecule (sPLA2 inhibitor) for the treatment of chronic allergic contact dermatitis which has demonstrated statistically significant improvements in multiple clinical studies. Edesa also intends to expand the utility of its sPLA2 inhibitor technology, which forms the basis for EB01, across multiple indications. The company is based in Toronto, Canada, with U.S. offices in Southern California.
Classification

Sector: Healthcare
Industry: Biotechnology
Keywords: Biopharmaceutical Medication Dermatitis

Is EDSA a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 8.3331
52 Week Low 0.3927
Average Volume 9,362
200-Day Moving Average 3.96
50-Day Moving Average 4.45
20-Day Moving Average 4.42
10-Day Moving Average 4.31
Average True Range 0.27
RSI (14) 49.75
ADX 23.31
+DI 24.86
-DI 9.76
Chandelier Exit (Long, 3 ATRs) 3.88
Chandelier Exit (Short, 3 ATRs) 4.92
Upper Bollinger Bands 4.70
Lower Bollinger Band 4.14
Percent B (%b) 0.44
BandWidth 12.75
MACD Line -0.05
MACD Signal Line -0.04
MACD Histogram -0.0054
Fundamentals Value
Market Cap 13.92 Million
Num Shares 3.17 Million
EPS -20.51
Price-to-Earnings (P/E) Ratio -0.21
Price-to-Sales 120477.93
Price-to-Book 2.17
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 4.78
Resistance 3 (R3) 4.74 4.58 4.71
Resistance 2 (R2) 4.58 4.48 4.59 4.69
Resistance 1 (R1) 4.48 4.42 4.53 4.52 4.67
Pivot Point 4.32 4.32 4.34 4.34 4.32
Support 1 (S1) 4.22 4.22 4.27 4.26 4.11
Support 2 (S2) 4.06 4.16 4.08 4.09
Support 3 (S3) 3.97 4.06 4.07
Support 4 (S4) 4.00