EDIBLE GARDEN AG INC-CW27 (EDBLW) Stock Technical Analysis
USA - NASDAQ:EDBLW -
We assign a technical rating of 8 out of 10 to EDBLW. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
Although EDBLW has an excellent technical rating, the quality of the presented setup is not ideal 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
0.11
3 important support areas can be observed.
- A support zone ranging from 0.17 to 0.17. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 0.12 to 0.12. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @0.11 from a trend line in the weekly time frame.
We found 1 important resistance area.
- Resistance @0.27 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 | UP | POSITIVE | The long term trend for EDBLW is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for EDBLW is down. |
| ChartMill Relative Strength | 99.79 | POSITIVE | EDBLW has a high relative strength, it outperformed 99.79% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of EDBLW is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of EDBLW is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of EDBLW is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 45.92 | NEUTRAL | The RSI value for EDBLW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests EDBLW has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 21.42 | NEUTRAL | The Stochastics value for EDBLW is a neutral value. |
| Average True Range in percent/ATR (20) | 28.7 | HIGH VOLATILITY | The high ATR as a percentage value for EDBLW suggests high volalility. |
| Average Directional Index/ADX (14) | 21.79 | NEUTRAL | The ADX value for EDBLW suggests a possible start of a new trend. |
0.1773
0 (-0.11%)
EDIBLE GARDEN AG INC-CW27 / EDBLW FAQ
What is the ChartMill technical rating of EDIBLE GARDEN AG INC-CW27 (EDBLW) stock?
ChartMill assigns a technical rating of 8 / 10 to EDBLW.
What is the current trend direction of EDIBLE GARDEN AG INC-CW27 (EDBLW) stock?
The current trend direction for EDIBLE GARDEN AG INC-CW27 (EDBLW) is Bullish.
Can you provide the RSI signal for EDIBLE GARDEN AG INC-CW27?
EDIBLE GARDEN AG INC-CW27 (EDBLW) has an RSI value of 45.9237. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for EDIBLE GARDEN AG INC-CW27?
The buy/sell signal for EDIBLE GARDEN AG INC-CW27 (EDBLW) is hold as the short term and long term trends are mixed.
What are the support and resistance levels for EDIBLE GARDEN AG INC-CW27 (EDBLW) stock?
EDIBLE GARDEN AG INC-CW27 (EDBLW) has a support level at 0.17 and a resistance level at 0.27. Check the full technical report for our detailed analysis of EDBLW support and resistance levels.