NASDAQ:EDBL - Nasdaq - US28059P4028 - Common Stock - Currency: USD
We assign a technical rating of 2 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.
EDBL has a bad technical rating, but it does show 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 2.63, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for EDBL in the last couple of days, which is a good sign. Another positive sign is the recent Pocket Pivot signal.
2.59
We found 1 important support area.
3 important resistance areas can be observed.
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 | NEUTRAL | NEUTRAL | The short term trend for EDBL is neutral. |
ChartMill Relative Strength | 5.05 | NEGATIVE | EDBL has a low relative strength, it was outperformed by 94.95% 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) | UP | POSITIVE | The current price of EDBL is above the rising 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) | 47.49 | NEUTRAL | The RSI value for EDBL is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests EDBL has a negative trend, although the MACD value is rising. |
Stochastics (14,3) | 21.54 | NEUTRAL | The Stochastics value for EDBL is a neutral value. |
Average True Range in percent/ATR (20) | 7.66 | HIGH VOLATILITY | The high ATR as a percentage value for EDBL suggests high volalility. |
Average Directional Index/ADX (14) | 12.57 | NEGATIVE | The low ADX value for EDBL suggests a weak or negative trend. |
NASDAQ:EDBL (7/2/2025, 8:00:02 PM)
2.71
+0.07 (+2.65%)