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) Moving Averages Convergence Divergence (MACD) indicator is -0.242, suggesting EDSA is Neutral.

Edesa Biotech Inc (EDSA) 20-Day simple moving average is 6.852, while Edesa Biotech Inc (EDSA) share price is $7.3, making it Buy.

Edesa Biotech Inc (EDSA) 60-Day simple moving average is 9.223, while Edesa Biotech Inc (EDSA) share price is $7.3, making it Sell.

Technical Analysis for EDSA

Technical Sentiment Analysis for Edesa Biotech Inc (EDSA) As of 2026-07-07, Edesa Biotech Inc (EDSA) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 10 technical signals, shows that 5 indicators are flashing buy, while 5 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for EDSA stands at 47.136, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -0.242, providing a Sell signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 53.445 and the Commodity Channel Index (CCI) at 36.161 further confirm a 0.49 outlook for the stock.

Support, Resistance & Moving Averages From a structural perspective, EDSA is trading above its 60-day moving average of $9.223 and above its 200-day long-term moving average of $4.595. Key price levels to watch include the immediate resistance at $8.847 and strong support at $6.557. A break above $8.847 could signal a bull continuation, while falling below $6.557 may test the next Fibonacci floor at $5.434.

Edesa Biotech Inc (EDSA) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	4.267	5.434	6.557	7.724	8.847	10.014	11.137
Fibonacci	5.434	6.308	6.849	7.724	8.598	9.139	10.014

Edesa Biotech Inc (EDSA) Technical Indicators

2026-07-07

Name	Value
RSI_14	47.136
STOCHk_14_3_3	53.445
STOCHd_14_3_3	60.988
CCI_20	36.161
AO_5_34	0.000349
MOM_10	0.49
MACD_12_26_9	-0.242

Edesa Biotech Inc (EDSA) Relative Strength Index (RSI) is 47.136, creating a Neutral signal.

Edesa Biotech Inc (EDSA) Stochastic Oscillator is 53.445, creating a Neutral signal.

Edesa Biotech Inc (EDSA) Stochastic RSI is 60.988, creating a Neutral signal.

Edesa Biotech Inc (EDSA) Commodity Channel Index (CCI) is 36.161, creating a Neutral signal.

Edesa Biotech Inc (EDSA) Awesome Oscillator is 0.000349, creating a Buy signal.

Edesa Biotech Inc (EDSA) Momentum is 0.49, creating a Buy signal.

Edesa Biotech Inc (EDSA) MACD is -0.242, creating a Sell signal.

Edesa Biotech Inc (EDSA) Moving Average

2026-07-07

Period	Simple	Signal
MA_5	7.578	Sell
MA_10	7.681	Sell
MA_20	6.852	Buy
MA_60	9.223	Sell
MA_200	4.595	Buy
MA_250	4.139	Buy

Edesa Biotech Inc (EDSA) 5-Day simple moving average is 7.578, while Edesa Biotech Inc (EDSA) share price is $7.3, making it a Sell.

Edesa Biotech Inc (EDSA) 10-Day simple moving average is 7.681, while Edesa Biotech Inc (EDSA) share price is $7.3, making it a Sell.

Edesa Biotech Inc (EDSA) 20-Day simple moving average is 6.852, while Edesa Biotech Inc (EDSA) share price is $7.3, making it a Buy.

Edesa Biotech Inc (EDSA) 60-Day simple moving average is 9.223, while Edesa Biotech Inc (EDSA) share price is $7.3, making it a Sell.

Edesa Biotech Inc (EDSA) 200-Day simple moving average is 4.595, while Edesa Biotech Inc (EDSA) share price is $7.3, making it a Buy.

Edesa Biotech Inc (EDSA) 250-Day simple moving average is 4.139, while Edesa Biotech Inc (EDSA) share price is $7.3, making it a Buy.

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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 Neutral. This rating is derived from a combined analysis of moving averages and oscillators, currently showing 2 buy signals and 2 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 6.557 and a major resistance level at 8.847. Traders also monitor the pivot point at 7.724 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 47.136. This indicates that the stock is in neutral 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 -0.242, suggesting EDSA is Neutral. 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 $7.3, which is above its 200-day simple moving average of 4.595. Trading above the 200-day MA is often used by investors to determine the long-term bullish or bearish trend.

Name

Pivot Points

Classic

4.267

5.434

6.557

7.724

8.847

10.014

11.137

Fibonacci

5.434

6.308

6.849

7.724

8.598

9.139

10.014

Name

Value

RSI_14

47.136

STOCHk_14_3_3

53.445

STOCHd_14_3_3

60.988

CCI_20

36.161

AO_5_34

0.000349

MOM_10

0.49

MACD_12_26_9

-0.242

Period

Simple

Signal

MA_5

7.578

Sell

MA_10

7.681

Sell

MA_20

6.852

Buy

MA_60

9.223

Sell

MA_200

4.595

Buy

MA_250

4.139

Buy

Frequently Asked Questions