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Edesa Biotech IncEDSA
$2.4916.36%0.35
After Hours: 2.51+0.02 +0.80%

Edesa Biotech Inc (EDSA)

Nov 9O3.46H3.93L2.37C2.49Vol83.79M

Edesa Biotech Inc Stock (EDSA) Forecast

The Edesa Biotech Inc (EDSA) stock price forecast for the next 30 days is generally negative, with an average analyst price target of $0.9978, representing a -59.93% decrease from the current price of $2.49. The highest analyst price target is $1.76, and the lowest is $0.2366.

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 1.65 (-33.92% Downside)

Is Edesa Biotech Inc (EDSA) A Buy Now?

Oscillators
NameValueAction
RSI(14)39.84Neutral
STOCH(9,6)10.16Buy
STOCHRSI(14)100.00Sell
MACD(12,26)-0.36Buy
ADX(14)32.47Buy
William %R-75.00Neutral
CCI(14)79.74Neutral
Buy: 3 · Sell: 1 · Neutral: 3Summary: Neutral
Moving Averages
PeriodSimpleExponential
MA10
2.41
Buy
2.41
Buy
MA20
2.57
Sell
2.66
Sell
MA50
3.50
Sell
3.44
Sell
MA100
4.78
Sell
4.37
Sell
MA200
5.68
Sell
4.63
Sell
Buy: 2 · Sell: 8 · Neutral: 0Summary: Sell

According to our latest analysis, EDSA could be considered a Strong Sell, with 17 technical analysis indicators signaling 5 Buy signals, 9 signaling Sell signals and 3 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.

  1. RSI (Relative Strength Index): The RSI(14) value of 39.84 indicates that EDSA is neither overbought nor oversold. It suggests a neutral sentiment in the short term.
  2. STOCH (Stochastic Oscillator): The STOCH value of 10.16 indicates that EDSA is oversold. This indicates that EDSA price is at or near the lowest level over a specified lookback period.
  3. STOCHRSI (Stochastic Relative Strength Index): The STOCHRSI value of 100.00 indicates that EDSA is overbought. This suggests that EDSA price is at or near the highest level relative to its recent price history.
  4. ADX (Average Directional Index): The ADX value of 32.47 suggests an extremely strong trend in the market. Such high values are relatively rare and indicate a very robust directional movement.
  5. CCI (Commodity Channel Index): A CCI(14) value of 79.74 indicates that EDSA is still overbought but not to an extreme extent.

Long-term EDSA price forecast for 2026, 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 $2.13 by 2030, $10.30 by 2040 and $20.35 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 $3.75 in 2035, with a high prediction of $3.25 and a low estimate of $0.9965. This indicates an +50.65% change from the last recorded price of $2.49.
  • Edesa Biotech Inc (EDSA) stock is projected to chart a bullish course in 2040, with an average price target of $4.80, representing an +92.91% change from its current level. The forecast ranges from a conservative $4.98 to a sky-high $10.30.
  • Our analysts predict Edesa Biotech Inc (EDSA) to change +444.37% by 2045, soaring from $13.42 to an average price of $13.55, potentially reaching $15.54. While $13.42 is the low estimate, the potential upside is significant.
  • Edesa Biotech Inc (EDSA) stock is expected to climb by 2050, reaching an average of $18.18, a +630.14% change from its current level. However, a wide range of estimates exists, with high and low targets of $20.35 and $17.81, respectively, highlighting the market's uncertainty.

Edesa Biotech Inc Stock (EDSA) Year by Year Forecast

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 $5.18. Estimates vary from a peak of $20.32 to a trough of $0.2366, indicating an +107.88% surge from the present price of $2.49.

MonthAverageLowHighChange from today's price
December, 2026$1.73$0.2366$1.76-30.55%

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 $2.14, with a high forecast of $3.14 and a low forecast of $0.1932. This indicates an -14.09% decrease from the last price of $2.49.

MonthAverageLowHighChange from today's price
January, 2027$0.3455$0.1932$1.76-86.12%
February, 2027$0.7603$0.6416$0.4729-69.47%
March, 2027$1.59$1.06$1.30-36.00%
April, 2027$1.61$1.43$1.41-35.40%
May, 2027$2.28$1.94$2.19-8.36%
June, 2027$2.39$2.50$2.48-4.15%
July, 2027$2.77$2.45$2.65+11.30%
August, 2027$2.66$2.73$2.75+7.02%
September, 2027$2.30$2.39$2.33-7.65%
October, 2027$2.45$2.49$2.41-1.44%
November, 2027$3.23$2.63$3.10+29.72%
December, 2027$3.27$3.18$3.14+31.51%

Edesa Biotech Inc Stock (EDSA) Price Forecast for 2028

In 2028, Edesa Biotech Inc (EDSA) is projected to reach an average price of $2.72, with a high projection of $3.19 and a low estimate of $1.70. This indicates an +9.23% rise from the last price of $2.49.

MonthAverageLowHighChange from today's price
January, 2028$3.12$3.20$3.19+25.13%
February, 2028$1.89$2.54$3.08-24.07%
March, 2028$2.53$1.70$2.42+1.42%
April, 2028$2.53$2.53$2.49+1.61%
May, 2028$2.91$2.56$2.57+16.83%
June, 2028$2.81$2.88$2.83+12.78%
July, 2028$2.90$2.77$2.80+16.54%
August, 2028$2.84$2.90$2.86+13.91%
September, 2028$2.87$2.89$2.85+15.31%
October, 2028$2.77$2.84$2.86+11.42%
November, 2028$2.76$2.78$2.73+10.93%
December, 2028$2.71$2.72$2.73+8.91%

Edesa Biotech Inc Stock (EDSA) Price Forecast for 2029

The 2029 price forecast for Edesa Biotech Inc Stock (EDSA) is $1.13 on average, with a high prediction of $4.80 and a low estimate of $0.0569. This represents an -54.51% decrease from the previous price of $2.49.

MonthAverageLowHighChange from today's price
January, 2029$0.3974$0.1138$4.80-84.04%
February, 2029$0.4522$0.3148$0.2162-81.84%
March, 2029$0.7531$0.0569$0.973-69.76%
April, 2029$1.30$0.7944$3.05-47.80%
May, 2029$1.22$0.8825$1.67-50.81%
June, 2029$1.35$1.15$2.70-45.86%
July, 2029$0.9785$0.6554$1.73-60.70%
August, 2029$1.25$0.8146$1.77-49.72%
September, 2029$1.43$0.986$1.68-42.68%
October, 2029$1.31$1.02$1.63-47.23%
November, 2029$1.73$1.05$1.90-30.56%
December, 2029$1.42$1.17$2.58-43.14%

Edesa Biotech Inc Stock (EDSA) Price Forecast for 2030

Edesa Biotech Inc Stock (EDSA) is expected to reach an average price of $0.6138 in 2030, with a high forecast of $2.13 and a low forecast of $0.1183. This signifies an -75.35% decrease from the last price of $2.49.

MonthAverageLowHighChange from today's price
January, 2030$1.45$1.17$1.86-41.77%
February, 2030$1.39$1.11$2.13-44.33%
March, 2030$0.4715$0.3715$1.58-81.07%
April, 2030$0.3313$0.3328$0.6327-86.69%
May, 2030$0.8767$1.06$0.8217-64.79%
June, 2030$0.9813$0.9867$0.8714-60.59%
July, 2030$0.1948$0.3248$1.85-92.17%
August, 2030$0.0796$0.2495$0.2135-96.80%
September, 2030$0.2629$0.1183$0.1943-89.44%
October, 2030$0.4328$0.1391$0.1117-82.62%
November, 2030$0.6025$0.4951$0.3838-75.80%
December, 2030$0.2959$0.3796$0.4612-88.12%

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