EDIBLE GARDEN AG INC (EDBL) Stock Technical Analysis
NASDAQ:EDBL - Nasdaq - US28059P4028 - Common Stock - Currency: USD
Overall EDBL gets a technical rating of 1 out of 10. 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 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, EDBL is a bad performer in the overall market: 94% of all stocks are doing better.
EDBL is part of the Food Products industry. There are 91 other stocks in this industry, of which 77% are performing better than EDBL.
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.
In the last month EDBL has a been trading in the 2.41 - 2.80 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
EDBL has an average volume of 4298420 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.
Although the technical rating is bad, EDBL does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 2.59, 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.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
2.55
3.68
We found 1 important support area.
- A support zone ranging from 2.58 to 2.59. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 2.62 to 2.63. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @2.71 from a horizontal line in the daily time frame.
- Resistance @3.22 from a trend line in the daily time frame.
- Resistance @3.64 from a trend line in the daily time frame.
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 | 6.68 | NEGATIVE | EDBL has a low relative strength, it was outperformed by 93.32% 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 | MIXED | The current price of EDBL is below 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) | 45.89 | NEUTRAL | The RSI value for EDBL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests EDBL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 59.46 | NEUTRAL | The Stochastics value for EDBL is a neutral value. |
| Average True Range in percent/ATR (20) | 4.93 | MEDIUM VOLATILITY | The ATR as a percentage value for EDBL suggests some volalility. |
| Average Directional Index/ADX (14) | 7.53 | NEGATIVE | The low ADX value for EDBL suggests a weak or negative trend. |
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)
NASDAQ:EDBL (7/25/2025, 8:00:01 PM)
2.61
-0.03 (-1.14%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryFood Products
Performance
% Chg-1.14%
1 Week0.77%
2 Weeks0%
1 Month-1.14%
3 Month35.23%
6 Month-65.08%
12 Month-92.15%
2 Year-99.59%
3 Year-99.99%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.13
ATR(20)%4.93%
ATR Inc-3.94%
Range Today0.14
ADR(20)0.13
ADR(20)%4.9%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS6.68
Mansfield-6.94
10 Day High2.78
10 Day Low2.41
20 Day High2.8
20 Day Low2.41
52 Week High39.5
52 Week Low1.8
CS1 End2.59
CR1 Start2.62
Volume & EV
DER(3)4.48%
DER(5)1.54%
Volume73.90K
Volume Incr-40.82%
Vol(5)74.88K
Vol(50)4.30M