Endeavour Mining Corporation (EDVMF)

[buddhabelly2]

EDVMF dropped below its 10 week simple moving average at 2.14 and is now at 2.03..Price Channel
EDVMF is trading within its price channel.
EDVMF is trading below the 2.36 Significant Point that would trigger a reversal of the Parabolic SAR's current bearish indication.
The On Balance Volume indicator (OBV) shows that longer term accumulation has given way to near term selling pressure.
The RSI recently crossed above the critical value of 30, which indicates that the selling pressure has lessened and that the internal strength of EDVMF has increased.
The MACD for EDVMF currently indicates a strong bearish signal for two reasons. First, the MACD is below the signal line, a 9-week moving average. Second, the MACD is below the critical level of 0, which implies that the underlying moving averages are trending lower.
The Stochastic Oscillator is registering a bearish signal as the %K line has crossed under the %D and the oscillator recently crossed below the critical value of 80, moving from its overbought indication..Williams
%R has recently crossed above the critical value of -80 which suggests that the selling pressure has lessened and the internal strength of EDVMF has increased.
The ADX is below 20 which signifies that EDVMF is not trending. Therefore the Bearish signal provided by the Directional Movement Index is not confirmed.
The Ultimate Oscillator is currently at 55.52% which indicates that the stock is neither overbought nor oversold.