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2.199
4.71%
0.099
After Hours:
2.06
-0.139
-6.32%
Edesa Biotech Inc Stock (EDSA) Forecast
The Edesa Biotech Inc (EDSA) stock price forecast for the next 30 days is generally positive, with an average analyst price target of $3.0711, representing a +39.66% increase from the current price of $2.199. The highest analyst price target is $3.4295, and the lowest is $2.7127.
Disclaimer: The information on this page is not intended to be financial advice. It is for general information only and should not be used to make any investment decisions. Please consult with a professional financial advisor before making any investment decisions.
12-Month EDSA Price Target
Average 8.6925
(+295.29% Upside)
Is Edesa Biotech Inc (EDSA) A Buy Now?
Oscillators
| Name | Value | Action |
|---|---|---|
| RSI(14) | 24.18 | Buy |
| STOCH(9,6) | 6.7016 | Buy |
| STOCHRSI(14) | 46.14 | Neutral |
| MACD(12,26) | -0.4792 | Sell |
| ADX(14) | 29.64 | Sell |
| William %R | -93.24 | Buy |
| CCI(14) | -87.18 | Neutral |
Buy: 3
Sell: 2
Neutral: 2
Summary: Buy
Moving Averages
| Period | Simple | Exponential |
|---|---|---|
| MA10 |
2.384
Sell
|
2.4217
Sell
|
| MA20 |
2.8595
Sell
|
2.7991
Sell
|
| MA50 |
3.7156
Sell
|
3.458
Sell
|
| MA100 |
4.1549
Sell
|
3.8654
Sell
|
| MA200 |
4.3521
Sell
|
3.8404
Sell
|
Buy: 0
Sell: 10
Neutral: 0
Summary: Sell
According to our latest analysis, EDSA could be considered a Strong Sell, with 17 technical analysis indicators signaling 3 Buy signals, 12 signaling Sell signals and 2 Neutral signals. This might not be a good time to consider opening new positions on EDSA, as trading bearish markets can be challenging and may result in losses.
- RSI (Relative Strength Index): The RSI(14) value of 24.18 indicates that EDSA is oversold. This indicates that EDSA price has experienced a significant decline over a specified lookback period, potentially leading to a rebound.
- STOCH (Stochastic Oscillator): The STOCH value of 6.7016 indicates that EDSA is oversold. This indicates that EDSA price is at or near the lowest level over a specified lookback period.
- STOCHRSI (Stochastic Relative Strength Index): The STOCHRSI value of 46.14 indicates that EDSA is neither overbought nor oversold. It indicates a balanced market sentiment without any extreme buying or selling pressure.
- ADX (Average Directional Index): The ADX value of The ADX value of 29.64 suggests a moderate trend in the market. While not exceptionally strong, it indicates that there is some directional movement occurring. You should pay attention to this trend but may also look for confirmation from other technical indicators or fundamental factors.
- CCI (Commodity Channel Index): A CCI(14) value of A CCI(14) value of -87.18 indicates that EDSA is still oversold but not to an extreme extent.
Long-term EDSA price forecast for 2025, 2030, 2035, 2040, 2045 and 2050
Based on our analysis about Edesa Biotech Inc financial reports and earnings history, Edesa Biotech Inc (EDSA) stock could reach $11.92 by 2030, $3.2368 by 2040 and $4.4276 by 2050. See the projected annual prices until 2050 of the Edesa Biotech Inc stock below:
- Edesa Biotech Inc (EDSA) is expected to reach an average price of $0.5353 in 2035, with a high prediction of $0.9242 and a low estimate of $0.0471. This indicates an $-75.66% rise from the last recorded price of $2.199.
- Edesa Biotech Inc (EDSA) stock is projected to chart a bullish course in 2040, with an average price target of $3.1401, representing an $42.80% surge from its current level. The forecast ranges from a conservative $3.2101 to a sky-high $3.2368.
- Our analysts predict Edesa Biotech Inc (EDSA) to jump 121.62% by 2045, soaring from $4.3355 to an average price of $4.8734, potentially reaching $4.7434. While $4.3355 is the low estimate, the potential upside is significant.
- Edesa Biotech Inc (EDSA) stock is expected to climb by 2050, reaching an average of $3.6983, a $68.18% jump from its current level. However, a wide range of estimates exists, with high and low targets of $4.4276 and $4.1759, respectively, highlighting the market's uncertainty.
Edesa Biotech Inc Stock (EDSA) Year by Year Forecast
Edesa Biotech Inc Stock (EDSA) Price Forecast for 2024
Our forecast for EDSA stock price in 2024 now indicates an average price target of $7.6258 with a high forecast of $13.76 and a low forecast of $1.4937. The average prediction reflects an increase of +246.79% from the last recorded price of $2.199.
| Month | Average | Low | High | Change from today's price |
|---|---|---|---|---|
| December, 2024 | $2.7734 | $2.7127 | $3.4295 | +26.12% |
Edesa Biotech Inc Stock (EDSA) Price Forecast for 2025
Edesa Biotech Inc Stock (EDSA) is expected to reach an average price of $8.6925 in 2025, with a high prediction of $17.38 and a low estimate of $0.00176. This indicates an +295.29% rise from the last recorded price of $2.199.
| Month | Average | Low | High | Change from today's price |
|---|---|---|---|---|
| January, 2025 | $2.2124 | $2.0449 | $3.0602 | +0.61% |
| February, 2025 | $1.3898 | $1.1743 | $2.0961 | -36.80% |
| March, 2025 | $0.887 | $0.7672 | $2.0557 | -59.66% |
| April, 2025 | $0.3864 | $0.00914 | $1.2195 | -82.43% |
| May, 2025 | $0.7838 | $0.00176 | $1.7538 | -64.36% |
| June, 2025 | $1.0111 | $0.4593 | $1.3811 | -54.02% |
| July, 2025 | $4.1154 | $1.023 | $8.2704 | +87.15% |
| August, 2025 | $3.0877 | $2.8959 | $4.4222 | +40.41% |
| September, 2025 | $6.2551 | $2.7685 | $17.38 | +184.45% |
| October, 2025 | $7.2943 | $3.6706 | $8.4425 | +231.71% |
| November, 2025 | $6.3717 | $5.178 | $7.3062 | +189.75% |
| December, 2025 | $4.3509 | $4.1809 | $8.4391 | +97.86% |
Edesa Biotech Inc Stock (EDSA) Price Forecast for 2026
The predicted value for Edesa Biotech Inc (EDSA) in 2026 is set at an average of $6.3954. Estimates vary from a peak of $10.40 to a trough of $2.386, indicating an +190.83% surge from the present price of $2.199.
| Month | Average | Low | High | Change from today's price |
|---|---|---|---|---|
| January, 2026 | $3.5883 | $3.1864 | $4.6027 | +63.18% |
| February, 2026 | $3.6256 | $2.5038 | $3.8281 | +64.88% |
| March, 2026 | $3.173 | $2.386 | $3.6775 | +44.29% |
| April, 2026 | $5.6422 | $3.1849 | $7.4366 | +156.58% |
| May, 2026 | $3.8396 | $2.7559 | $5.6441 | +74.61% |
| June, 2026 | $4.057 | $3.2514 | $4.6897 | +84.49% |
| July, 2026 | $4.3762 | $3.2907 | $5.5843 | +99.01% |
| August, 2026 | $4.2136 | $3.7236 | $5.1199 | +91.61% |
| September, 2026 | $3.5028 | $3.4328 | $4.7278 | +59.29% |
| October, 2026 | $3.23 | $3.1101 | $3.8165 | +46.89% |
| November, 2026 | $4.2675 | $2.5438 | $4.2675 | +94.07% |
| December, 2026 | $5.7867 | $3.823 | $10.40 | +163.15% |
Edesa Biotech Inc Stock (EDSA) Price Forecast for 2027
For 2027, Stockscan's Analyst expects the average price target for Edesa Biotech Inc (EDSA) is $3.6947, with a high forecast of $7.3678 and a low forecast of $0.0215. This indicates an +68.02% increase from the last price of $2.199.
| Month | Average | Low | High | Change from today's price |
|---|---|---|---|---|
| January, 2027 | $6.1141 | $5.0186 | $7.2641 | +178.04% |
| February, 2027 | $5.0915 | $4.9315 | $7.3678 | +131.54% |
| March, 2027 | $4.1407 | $3.4289 | $5.2232 | +88.30% |
| April, 2027 | $3.6981 | $3.3381 | $4.9324 | +68.17% |
| May, 2027 | $2.6454 | $2.0418 | $3.6912 | +20.30% |
| June, 2027 | $1.6547 | $1.411 | $2.8672 | -24.75% |
| July, 2027 | $1.432 | $0.9966 | $2.4983 | -34.88% |
| August, 2027 | $0.9894 | $0.9694 | $1.6675 | -55.01% |
| September, 2027 | $0.4386 | $0.1786 | $1.0412 | -80.05% |
| October, 2027 | $0.106 | $0.036 | $0.6705 | -95.18% |
| November, 2027 | $0.3634 | $0.0215 | $0.5834 | -83.48% |
| December, 2027 | $0.5626 | $0.0952 | $0.9635 | -74.42% |
Edesa Biotech Inc Stock (EDSA) Price Forecast for 2028
In 2028, Edesa Biotech Inc (EDSA) is projected to reach an average price of $0.6864, with a high projection of $1.3586 and a low estimate of $0.0142. This indicates an -68.79% fall from the last price of $2.199.
| Month | Average | Low | High | Change from today's price |
|---|---|---|---|---|
| January, 2028 | $0.2699 | $0.2563 | $0.6644 | -87.72% |
| February, 2028 | $0.5614 | $0.1236 | $0.3618 | -74.47% |
| March, 2028 | $0.4435 | $0.4874 | $0.4353 | -79.83% |
| April, 2028 | $0.57 | $0.6016 | $0.5362 | -74.08% |
| May, 2028 | $0.6531 | $0.5563 | $1.1831 | -70.30% |
| June, 2028 | $0.0305 | $0.055 | $1.3586 | -98.61% |
| July, 2028 | $0.00214 | $0.0142 | $0.156 | -99.90% |
| August, 2028 | $0.1829 | $0.0566 | $0.0897 | -91.68% |
| September, 2028 | $0.4762 | $0.4192 | $0.3857 | -78.35% |
| October, 2028 | $0.3582 | $0.3682 | $0.3737 | -83.71% |
| November, 2028 | $0.5145 | $0.5333 | $0.4991 | -76.60% |
| December, 2028 | $0.5907 | $0.5653 | $0.5316 | -73.14% |
Edesa Biotech Inc Stock (EDSA) Price Forecast for 2029
The 2029 price forecast for Edesa Biotech Inc Stock (EDSA) is $3.7493 on average, with a high prediction of $6.9628 and a low estimate of $0.5358. This represents an +70.50% increase from the previous price of $2.199.
| Month | Average | Low | High | Change from today's price |
|---|---|---|---|---|
| January, 2029 | $0.5724 | $0.5835 | $0.5579 | -73.97% |
| February, 2029 | $0.505 | $0.5645 | $0.4868 | -77.03% |
| March, 2029 | $0.4776 | $0.5442 | $0.5112 | -78.28% |
| April, 2029 | $2.5847 | $0.5358 | $6.9628 | +17.54% |
| May, 2029 | $1.339 | $1.314 | $3.1215 | -39.11% |
| June, 2029 | $2.0963 | $1.1408 | $2.1463 | -4.67% |
| July, 2029 | $3.2237 | $2.0082 | $5.11 | +46.60% |
| August, 2029 | $3.1129 | $2.8907 | $3.8273 | +41.56% |
| September, 2029 | $3.6603 | $3.0848 | $4.6584 | +66.45% |
| October, 2029 | $2.9595 | $2.5595 | $3.8944 | +34.58% |
| November, 2029 | $3.1369 | $2.6113 | $3.6416 | +42.65% |
| December, 2029 | $2.6048 | $2.3648 | $3.5687 | +18.45% |
Edesa Biotech Inc Stock (EDSA) Price Forecast for 2030
Edesa Biotech Inc Stock (EDSA) is expected to reach an average price of $5.9635 in 2030, with a high forecast of $11.92 and a low forecast of $0.0111. This signifies an +171.19% surge from the last price of $2.199.
| Month | Average | Low | High | Change from today's price |
|---|---|---|---|---|
| January, 2030 | $0.2932 | $0.0832 | $11.92 | -86.67% |
| February, 2030 | $2.498 | $0.0831 | $9.8869 | +13.60% |
| March, 2030 | $1.1027 | $0.7817 | $2.6017 | -49.85% |
| April, 2030 | $0.4074 | $0.2598 | $1.2329 | -81.48% |
| May, 2030 | $2.6149 | $0.0111 | $4.8785 | +18.91% |
| June, 2030 | $2.0706 | $1.227 | $3.7696 | -5.84% |
| July, 2030 | $1.4041 | $1.0292 | $2.0943 | -36.15% |
| August, 2030 | $0.6034 | $0.2618 | $1.6228 | -72.56% |
| September, 2030 | $0.1006 | $0.3512 | $0.9375 | -95.43% |
| October, 2030 | $0.293 | $0.2878 | $0.3222 | -86.68% |
| November, 2030 | $1.6883 | $0.4093 | $0.8284 | -23.23% |
| December, 2030 | $1.4235 | $1.3672 | $1.4533 | -35.26% |
3.66%
1.11%
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