EURODRY LTD (EDRY) Stock Technical Analysis

NASDAQ:EDRY • MHY235081079

20.54 USD
+0.69 (+3.48%)
Last: Feb 24, 2026, 09:37 AM
Technical Rating and Analysis

10

Taking everything into account, EDRY scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, EDRY is showing a nice and steady performance.

  • Warning: EDRY has an average volume of 5562 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
  • The long and short term trends are both positive. This is looking good!
  • When comparing the yearly performance of all stocks, we notice that EDRY is one of the better performing stocks in the market, outperforming 94% of all stocks. On top of that, EDRY also shows a nice and consistent pattern of rising prices.
  • EDRY is one of the better performing stocks in the Marine Transportation industry, it outperforms 97% of 35 stocks in the same industry.
  • A new 52 week high is currently being made by EDRY, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
  • In the last month EDRY has a been trading in the 12.77 - 20.33 range, which is quite wide. It is currently trading near the high of this range.
  • Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
  • Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Weekly and Daily overview Charts
EURODRY LTD / EDRY Weekly stock chart
EURODRY LTD / EDRY Daily stock chart
Setup Rating and Analysis

2

Although EDRY has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.

Support and Resistance Analysis

12.42

20.75

We found 4 important support areas.

  • A support zone ranging from 19.84 to 19.86. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @13.10 from a trend line in the daily time frame.
  • Support @12.81 from a horizontal line in the daily time frame.
  • Support @12.55 from a horizontal line in the daily time frame.

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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorUPPOSITIVEThe long term trend for EDRY is up.
ChartMill Short Term Trend IndicatorUPPOSITIVEThe short term trend for EDRY is up.
ChartMill Relative Strength94.59POSITIVEEDRY has a high relative strength, it outperformed 94.59% off all stocks on the market.
Simple Moving Average/SMA (20)UPPOSITIVEThe current price of EDRY is above the rising SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of EDRY is above the rising SMA(50).
Simple Moving Average/SMA (200)UPPOSITIVEThe current price of EDRY is above the rising SMA(200).
Relative Strength Index/RSI (14)80.41OVERBOUGHTThe high RSI value suggests EDRY may be overbought.
Moving Average Convergence Divergence/MACD (12, 26, 9)0.61POSITIVEThe MACD value suggests EDRY has a positive trend.
Stochastics (14,3)89.38OVERBOUGHTThe high Stochastics value suggests EDRY may be overbought.
Average True Range in percent/ATR (20)4.59MEDIUM VOLATILITYThe ATR as a percentage value for EDRY suggests some volalility.
Average Directional Index/ADX (14)32.57POSITIVEThe high ADX value value for EDRY suggests a strong trend.
Chart- and CandleStick Pattern Analysis
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)
EURODRY LTD / EDRY Daily stock chart

EURODRY LTD

NASDAQ:EDRY (2/24/2026, 9:37:54 AM)

20.54

+0.69 (+3.48%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMarine Transportation
Performance
% Chg3.48%
1 Week45.29%
2 Weeks54.11%
1 Month47.8%
3 Month52.69%
6 Month82.11%
12 Month89.02%
2 Year-9.77%
3 Year6.21%
5 Year163.61%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.1
ATR(20)%4.59%
ATR Inc107.26%
Range Today0
ADR(20)0.77
ADR(20)%3.74%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS94.59
3 months CRS97.31
6 months CRS96.09
Mansfield6.08
10 Day High20.33
10 Day Low12.94
20 Day High20.33
20 Day Low12.77
52 Week High20.33
52 Week Low7.6
CS1 End13.1
CR1 StartN/A
Volume & EV
DER(3)-0.76%
DER(5)-0.25%
Volume10
Volume Incr508.67%
Vol(5)25.26K
Vol(50)5.56K

EURODRY LTD / EDRY FAQ

What is the ChartMill technical rating of EURODRY LTD (EDRY) stock?

ChartMill assigns a technical rating of 10 / 10 to EDRY.


Can you provide the trend direction for EURODRY LTD?

The current trend direction for EURODRY LTD (EDRY) is Bullish.


What is the RSI signal for EURODRY LTD (EDRY) stock?

EURODRY LTD (EDRY) has an RSI value of 80.4061. This indicates that the stock is currently overbought.


What is the MACD signal for EDRY stock?

The MACD indicator for EURODRY LTD (EDRY) has a value of 0.605158, indicating a bearish trend.


What is the short term momentum for EDRY stock?

The short term momentum for EURODRY LTD (EDRY) is positive.