EDIBLE GARDEN AG INC-CW27 (EDBLW) Stock Technical Analysis
NASDAQ:EDBLW - Nasdaq - - Currency: USD
We assign a technical rating of 8 out of 10 to EDBLW. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, EDBLW is showing a nice and steady performance.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
Looking at the yearly performance, EDBLW did better than 98% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
EDBLW is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so EDBLW is lagging the market.
In the last month EDBLW has a been trading in the 0.03 - 0.07 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Besides having an excellent technical rating, EDBLW also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 0.05, a Stop Loss order could be placed below this zone.
More info and screens
0.04
0.06
We found 2 important support areas.
- A support zone ranging from 0.05 to 0.05. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 0.04 to 0.04. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice one important area.
- Resistance @0.06 from a trend 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
CRS98.72
Mansfield9.91
10 Day High0.06
10 Day Low0.03
20 Day High0.07
20 Day Low0.03
52 Week High0.12
52 Week Low0.01
Performance
1 Week2.68%
2 Weeks-17%
1 Month13.7%
3 Month232%
6 Month164.89%
12 Month141.75%
2 Year-79.93%
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
RSI(14)51.83
LBB0.03
UBB0.06
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 0.07 | 0.04 | 0.03 (42.86%) | 2.33% |
| An entry @0.07. This is a Buy Stop order right above the resistance zone. | An exit @0.04. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.03 points, which is 42.86%. | For a 1.00% total portfolio risk, you can invest 2.33% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NASDAQ:EDBLW (2/21/2025, 2:09:25 PM)
0.05
+0 (+0.4%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.4%
1 Week2.68%
2 Weeks-17%
1 Month13.7%
3 Month232%
6 Month164.89%
12 Month141.75%
2 Year-79.93%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.01
ATR(20)%23.91%
ATR Inc23.34%
Range Today0
ADR(20)0.01
ADR(20)%21.53%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS98.72
Mansfield9.91
10 Day High0.06
10 Day Low0.03
20 Day High0.07
20 Day Low0.03
52 Week High0.12
52 Week Low0.01
CS1 End0.05
CR1 Start0.06
Volume & EV
DER(3)-7.1%
DER(5)-3.52%
Volume1.30K
Volume Incr-11.59%
Vol(5)28.48K
Vol(50)39.44K