EDIBLE GARDEN AG INC (EDBL) Technical Analysis
NASDAQ:EDBL • US28059P5017
Current stock price
EDBL Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to EDBL. EDBL'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 negative, as is the long term trend. There should be more interesting stocks out there.
- 100% of all other stocks performed better in the past year than EDBL.
- EDBL is part of the Food Products industry. There are 87 other stocks in this industry, of which 93% are performing better than EDBL.
- EDBL is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so EDBL is lagging the market.
- In the last month EDBL has a been trading in the 2.19 - 3.62 range, which is quite wide. It is currently trading near the lows of this range.
- EDBL has an average volume of 1319270 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Considerably lower volume is observed in the last couple of days.
EDBL Weekly and Daily overview Charts
EDBL Setup Rating and Analysis
EDBL has a poor technical rating and the quality of the setup is also only medium 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
EDBL Support and Resistance Analysis
EDBL Technical Indicator Signal Analysis
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for EDBL is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for EDBL is down. |
| ChartMill Relative Strength | 0.64 | NEGATIVE | EDBL has a low relative strength, it was outperformed by 99.36% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of EDBL is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of EDBL is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of EDBL is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 34.32 | NEUTRAL | The RSI value for EDBL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.09 | POSITIVE | The MACD value suggests EDBL has a positive trend. |
| Stochastics (14,3) | 15.15 | OVERSOLD | The low Stochastics value suggests EDBL may be oversold. |
| Average True Range in percent/ATR (20) | 14.64 | HIGH VOLATILITY | The high ATR as a percentage value for EDBL suggests high volalility. |
| Average Directional Index/ADX (14) | 17.82 | NEGATIVE | The low ADX value for EDBL suggests a weak or negative trend. |
EDBL Chart- and CandleStick Pattern Analysis
EDBL Technicals: Chart, Performance Metrics, Trend & Indicators
2.42
+0.09 (+3.86%)
EDIBLE GARDEN AG INC / EDBL TA FAQ
What is the technical rating for EDBL stock?
ChartMill assigns a technical rating of 0 / 10 to EDBL.
Can you provide the trend direction for EDIBLE GARDEN AG INC?
The current trend direction for EDIBLE GARDEN AG INC (EDBL) is Bearish.
Can you provide the RSI signal for EDIBLE GARDEN AG INC?
EDIBLE GARDEN AG INC (EDBL) has an RSI value of 34.323. This indicates that the stock is currently neutral.
Can you provide the MACD signal for EDIBLE GARDEN AG INC?
The MACD indicator for EDIBLE GARDEN AG INC (EDBL) has a value of 0.0860405, indicating a bearish trend.
Can you provide the buy/sell signal for EDIBLE GARDEN AG INC?
The buy/sell signal for EDIBLE GARDEN AG INC (EDBL) is sell as both the short term and long term trends are negative.