EDIBLE GARDEN AG INC (EDBL)
US28059P3038 - Common Stock
We assign a technical rating of 4 out of 10 to EDBL. Recently some decent action could be observed, but in the medium term time frame this is still negative. EDBL was also a bad performer in the overall market in the last year.
87% of all other stocks performed better in the past year than EDBL.
EDBL is one of the lesser performing stocks in the Food Products industry. 72% of 89 stocks in the same industry do better.
EDBL is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
EDBL has an average volume of 21108500 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
In the last month EDBL has a been trading in the 0.14 - 0.54 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
EDBL has an average technical rating and it also does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
0.31
0.37
We found 2 important support areas.
- A support zone ranging from 0.35 to 0.35. This zone is formed by a combination of multiple trend lines and important moving averages in the weekly time frame.
- A support zone ranging from 0.31 to 0.31. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
When analyzing the resistance we notice one important area.
- Resistance @0.37 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS13.65
Mansfield-9.08
10 Day High0.54
10 Day Low0.14
20 Day High0.54
20 Day Low0.14
52 Week High12.47
52 Week Low0.12
Performance
1 Week7.74%
2 Weeks132.89%
1 Month93.99%
3 Month56.46%
6 Month-72.26%
12 Month-96.54%
2 Year-99.84%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.01
RSI(14)67.16
LBB0.08
UBB0.44
EDIBLE GARDEN AG INC
NASDAQ:EDBL (1/6/2025, 10:41:59 AM)
0.352
+0.01 (+3.53%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryFood Products
Performance
% Chg3.53%
1 Week7.74%
2 Weeks132.89%
1 Month93.99%
3 Month56.46%
6 Month-72.26%
12 Month-96.54%
2 Year-99.84%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.08
ATR(20)%18.02%
ATR Inc-39.95%
Range Today0.01
ADR(20)0.06
ADR(20)%15.77%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS13.65
Mansfield-9.08
10 Day High0.54
10 Day Low0.14
20 Day High0.54
20 Day Low0.14
52 Week High12.47
52 Week Low0.12
CS1 End0.31
CR1 Start0.35
Volume & EV
DER(3)3.19%
DER(5)3.19%
Volume7.12K
Volume Incr-87.56%
Vol(5)5.02M
Vol(50)21.11M