EDIBLE GARDEN AG INC (EDBL) Stock Technical Analysis
USA - NASDAQ:EDBL - US28059P4028 - Common Stock
Taking everything into account, EDBL scores 1 out of 10 in our technical rating. EDBL scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
EDBL has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 1.82, 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.
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1.75
When analyzing the support we notice one important area.
- A support zone ranging from 1.77 to 1.82. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
3 important resistance areas can be observed.
- Resistance @1.97 from a horizontal line in the daily time frame.
- Resistance @2.14 from a trend line in the daily time frame.
- Resistance @3.75 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 | DOWN | NEGATIVE | The short term trend for EDBL is down. |
| ChartMill Relative Strength | 3.07 | NEGATIVE | EDBL has a low relative strength, it was outperformed by 96.93% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of EDBL is above the rising 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) | 50.59 | NEUTRAL | The RSI value for EDBL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests EDBL has a positive trend. |
| Stochastics (14,3) | 61.37 | NEUTRAL | The Stochastics value for EDBL is a neutral value. |
| Average True Range in percent/ATR (20) | 4.13 | MEDIUM VOLATILITY | The ATR as a percentage value for EDBL suggests some volalility. |
| Average Directional Index/ADX (14) | 33.19 | POSITIVE | The high ADX value value for EDBL suggests a strong trend. |
NASDAQ:EDBL (10/3/2025, 8:00:01 PM)
1.89
+0.04 (+2.41%)