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Edesa Biotech, Inc.

Stage 4 · Declining · week 6

As of Oct 22, 2026, Edesa Biotech is in Stage 4, the downtrend phase, now in week 6 (since Sep 16, 2026). It closed at $2.76, 84.9% below its 52-week high and below its 200-day average, which is rising.

Edesa Biotech, Inc., a clinical-stage biopharmaceutical company, engages in the research and development, manufacture, and commercialization of pharmaceutical products for inflammatory and immune-related diseases. More about the company

$2.76
-3.16% today
$37.3M · Micro cap
Market Neutral — Building

Pro read

Pro

Our read

Declining, below its long-term trend

Setup score

—

Momentum

Steady

Edge

—

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Stage Cycle Timeline2023-08-16 → 2026-10-22
S4 21w
S4 14w
S2 18w
2023-08-162026-10-22
S1S2S3S4Setup score (0–10, dashed line at 5)
S4 4w → S1 3w → S4 12w → S1 11w → S4 11w → S1 1w → S2 3w → S3 3w → S2 10w → S4 21w → S1 11w → S4 10w → S1 3w → S2 11w → S3 3w → S4 14w → S1 1w → S2 18w → S3 9w → S4 5w current
Total tracked: 165 weeks across 20 stage runs.

EDSA among Biotechnology183rd of 591 by relative strength

All 591 →
Stocks in Biotechnology ranked by relative strength, with stage and one-month change
#StockStageRS1M
1GTBPStage 2 · wk 799−22.3%
2IOVAStage 2 · wk 1899+38.8%
3SLSStage 3 · wk 499−1.5%
4MRNAStage 2 · wk 1799+11.3%
5TWSTStage 2 · wk 3999−14.5%
6KODStage 2 · wk 499+172.1%
7ERASStage 3 · wk 599+0.7%
8CLYMStage 3 · wk 399−15.8%
…183EDSAStage 4 · wk 656−30.5%
vs 52W High
-84.9%
$0.80 lo$18.28 hi
84.9% below 52W high, deep Stage 4 damage
In Stage 4, distance from the 52-week high reflects an ongoing decline, not a discount.
Stage Maturity
Week 6
1w13w26w
Week 6, early Stage 4 decline
How long this stock has been in Stage 4 decline. The longer the downtrend, the more entrenched the selling pressure. No length of decline marks a bottom on its own.
vs 200 DMA
-50.9%
200 DMA: $5.62 · rising
In Stage 4, the stock is below its 200-day average, the hallmark of a downtrend. Stage analysis waits for that to reverse before buying.
Rel Volume
0.36x
vs 50-day avg
High volume on down days in Stage 4 confirms institutional selling. Low-volume bounces are typical. They lack real buyers and are easy to mistake for reversals.
Trend Health
↓
Short-term trend rolling over
Two reads of momentum. The arrow shows the direction of the short-term trend: rising (↑ or ↗), flat (→) or rolling over (↓). The ⇈ mark appears when our trend model reads the move as gaining speed on top of the longer trend. Strongest when both agree.
1M
-30.5%
3M
-47.4%
6M
-59.3%
YTD
+84.0%
1Y
+1.8%
Scan Membership
Breakout Watch
Latest: 2024-07-26
5 appearances in last 60 days. First seen: 2020-07-13.
A stock that keeps qualifying week after week does so because its Stage 2 structure keeps holding. Staying power in the scan says more about the trend than any single appearance.
Recent Stage Timeline
2026-10-22S4
Wk 6 · Vol 0.36x
2026-10-21S4
Wk 6 · Vol 0.61x
2026-10-20S4
Wk 5 · Vol 0.57x
2026-10-19S4
Wk 5 · Vol 0.39x
2026-10-16S4
Wk 5 · Vol 1.03x
2026-10-15S4
Wk 5 · Vol 1.24x
2026-10-14S4
Wk 5 · Vol 1.20x
2026-10-13S4
Wk 4 · Vol 1.00x
2026-10-12S4
Wk 4 · Vol 1.37x
2026-10-09S4
Wk 4 · Vol 0.61x
2026-10-08S4
Wk 4 · Vol 0.83x
2026-10-07S4
Wk 4 · Vol 0.32x
Moving averages & range
50 DMA
$4.11
200 DMA
$5.62
52W High
$18.28
52W Low
$0.80
5D Low
$2.57
Resistance levels (recent highs)
20d High
$4.21
60d High
$5.75
120d High
$17.43
250d High
$18.28
Next resistance
+52.5%
to 20d High
ROE
-122.9%
Profit margin 0.0%
Dividend Yield
0.00%
P/B 67.3

Edesa Biotech: quick answers

What stage is Edesa Biotech in?

As of Oct 22, 2026, Edesa Biotech (EDSA) is in Stage 4, the downtrend phase. It entered Stage 4 on Sep 16, 2026 and is in week 6. What the four stages mean

Is Edesa Biotech in an uptrend?

No. Edesa Biotech is in a Stage 4 downtrend. It trades 50.9% below its 200-day average, which is rising.

How far is Edesa Biotech from its 52-week high?

Edesa Biotech closed at $2.76 on Oct 22, 2026, 84.9% below its 52-week high of $18.28. Its 52-week low is $0.80.

How has Edesa Biotech performed over the past year?

As of Oct 22, 2026, Edesa Biotech is up 1.8% over the past year and up 84.0% so far in 2026.

Which sector and industry is Edesa Biotech in?

Edesa Biotech is in the Biotechnology industry, part of the Health Care sector.

About this companyHealth Care· Biotechnology

Edesa Biotech, Inc., a clinical-stage biopharmaceutical company, engages in the research and development, manufacture, and commercialization of pharmaceutical products for inflammatory and immune-related diseases. It develops EB05, a monoclonal antibody, which is in Phase 3 clinical study for the treatment of acute respiratory distress syndrome; and EB01, a topical vanishing cream containing non-steroidal anti-inflammatory compound that has completed Phase 3 clinical study to treat chronic allergic contact dermatitis. The company develops EB07, a monoclonal antibody, which is in a Phase 2 clinical study for the treatment of pulmonary fibrosis; and EB06, a human monoclonal antibody candidate that binds to chemokine ligand 10 (CXCL10) and inhibits the interaction of CXCL10 with its receptors, CXCR3A, and CXCR3B. It has a collaboration agreement with NovImmune SA to develop monoclonal antibodies targeting products containing toll-like receptor 4 and CXCL10 for therapeutic, prophylactic, and diagnostic applications in humans and animals; and Yissum Research Development Company for the development of products for therapeutic, prophylactic, and diagnostic uses in topical dermal and anorectal applications, as well as for the use in dermatologic and gastrointestinal conditions. The company was founded in 2015 and is headquartered in Markham, Canada.

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All analytics based on EOD data. Data as of 2026-10-22. Past data patterns are not indicative of future results. This page is a data analytics tool only.