EURODRY LTD (EDRY) Stock Technical Analysis
NASDAQ:EDRY - Nasdaq - MHY235081079 - Common Stock - Currency: USD
Overall EDRY gets a technical rating of 0 out of 10. EDRY's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, EDRY is a bad performer in the overall market: 94% of all stocks are doing better.
EDRY is part of the Marine Transportation industry. There are 29 other stocks in this industry, of which 85% are performing better than EDRY.
EDRY 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.
EDRY is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
Warning: EDRY has an average volume of 10192 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Although the technical rating is bad, EDRY does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 10.49, a Stop Loss order could be placed below this zone.
More info and screens
10.39
14.78
We found 1 important support area.
- A support zone ranging from 10.49 to 10.49. This zone is formed by a combination of multiple trend lines in multiple time frames.
4 important resistance areas can be observed.
- A resistance zone ranging from 10.60 to 10.71. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @11.50 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 11.74 to 11.76. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @14.63 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
CRS6.71
Mansfield-4.79
10 Day High11.7
10 Day Low10.5
20 Day High11.8
20 Day Low10.4
52 Week High24.84
52 Week Low10.04
Performance
1 Week-0.1%
2 Weeks-3.93%
1 Month-9.17%
3 Month-25.55%
6 Month-48.45%
12 Month-51.57%
2 Year-43.82%
3 Year-59.03%
5 Year116.5%
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)39.27
LBB10.3
UBB11.26
NASDAQ:EDRY (2/21/2025, 8:15:06 PM)
10.5
-0.22 (-2.1%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMarine Transportation
Performance
% Chg-2.1%
1 Week-0.1%
2 Weeks-3.93%
1 Month-9.17%
3 Month-25.55%
6 Month-48.45%
12 Month-51.57%
2 Year-43.82%
3 Year-59.03%
5 Year116.5%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.52
ATR(20)%4.46%
ATR Inc48.59%
Range Today1.2
ADR(20)0.44
ADR(20)%4.22%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS6.71
Mansfield-4.79
10 Day High11.7
10 Day Low10.5
20 Day High11.8
20 Day Low10.4
52 Week High24.84
52 Week Low10.04
CS1 End10.49
CR1 Start10.6
Volume & EV
DER(3)-2.09%
DER(5)-2.41%
Volume13.20K
Volume Incr132.93%
Vol(5)16.34K
Vol(50)10.19K