Technical Analysis for EDSA - Edesa Biotech, Inc.

Grade Last Price % Change Price Change
C 4.51 -0.44% -0.02
EDSA closed down 0.44 percent on Wednesday, May 15, 2024, on 5.14 times normal volume.
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Trend Table & Recent EOD Trading Signals

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

Date Alert Name Type % Chg
20 DMA Support Bullish 0.00%
Volume Surge Other 0.00%
Bollinger Band Squeeze Range Contraction 0.00%
BB Squeeze + Upper Band Touch Range Contraction 0.00%
Upper Bollinger Band Touch Strength 0.00%
50 DMA Support Bullish -0.44%
Crossed Above 20 DMA Bullish -0.44%
Non-ADX 1,2,3,4 Bullish Bullish Swing Setup -0.44%
Pocket Pivot Bullish Swing Setup -0.44%
Bollinger Band Squeeze Range Contraction -0.44%

   Recent Intraday Alerts

Alert Time
20 DMA Support about 23 hours ago
10 DMA Support about 23 hours ago
Non-ADX 1,2,3,4 Pullback Entry about 23 hours ago
Rose Above Previous Day's High about 23 hours ago
Rose Above Upper Bollinger Band about 23 hours 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 6,962
200-Day Moving Average 3.41
50-Day Moving Average 4.42
20-Day Moving Average 4.47
10-Day Moving Average 4.53
Average True Range 0.31
RSI (14) 50.98
ADX 19.48
+DI 22.46
-DI 18.77
Chandelier Exit (Long, 3 ATRs) 3.95
Chandelier Exit (Short, 3 ATRs) 5.05
Upper Bollinger Bands 4.63
Lower Bollinger Band 4.31
Percent B (%b) 0.62
BandWidth 7.22
MACD Line 0.02
MACD Signal Line 0.02
MACD Histogram 0.0048
Fundamentals Value
Market Cap 14.3 Million
Num Shares 3.17 Million
EPS -20.51
Price-to-Earnings (P/E) Ratio -0.22
Price-to-Sales 120477.93
Price-to-Book 2.17
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 4.96
Resistance 3 (R3) 4.99 4.87 4.89
Resistance 2 (R2) 4.87 4.76 4.86 4.86
Resistance 1 (R1) 4.69 4.68 4.63 4.66 4.83
Pivot Point 4.57 4.57 4.54 4.56 4.57
Support 1 (S1) 4.39 4.46 4.33 4.36 4.19
Support 2 (S2) 4.27 4.38 4.26 4.16
Support 3 (S3) 4.09 4.27 4.14
Support 4 (S4) 4.06