EURODRY LTD (EDRY) Stock Technical Analysis
NASDAQ:EDRY - Nasdaq - MHY235081079 - Common Stock - Currency: USD
Overall EDRY gets a technical rating of 4 out of 10. In the past year, EDRY was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
88% of all other stocks performed better in the past year than EDRY.
EDRY is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
Warning: EDRY has an average volume of 5238 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 neutral. This gives a pretty neutral overall picture!
EDRY is an average performer in the Marine Transportation industry, it outperforms 42% of 36 stocks in the same industry.
In the last month EDRY has a been trading in the 9.25 - 11.30 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is only medium, EDRY does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 10.09, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for EDRY 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
9.81
11.86
When analyzing the support we notice one important area.
- A support zone ranging from 9.91 to 10.09. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 10.72 to 11.18. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @11.74 from a horizontal 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 | NEUTRAL | NEUTRAL | The long term trend for EDRY is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for EDRY is neutral. |
| ChartMill Relative Strength | 12.08 | NEGATIVE | EDRY has a low relative strength, it was outperformed by 87.92% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of EDRY is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of EDRY is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of EDRY is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 48.46 | NEUTRAL | The RSI value for EDRY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.11 | NEGATIVE | The MACD value suggests EDRY has a negative trend. |
| Stochastics (14,3) | 16 | OVERSOLD | The low Stochastics value suggests EDRY may be oversold. |
| Average True Range in percent/ATR (20) | 5.38 | HIGH VOLATILITY | The high ATR as a percentage value for EDRY suggests high volalility. |
| Average Directional Index/ADX (14) | 42.3 | POSITIVE | The high ADX value value for EDRY suggests a strong 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:EDRY (8/8/2025, 8:00:02 PM)
10.1
-0.42 (-3.95%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMarine Transportation
Performance
% Chg-3.95%
1 Week-6.48%
2 Weeks-6.39%
1 Month5.98%
3 Month15.28%
6 Month-7.34%
12 Month-51.9%
2 Year-27.86%
3 Year-28.87%
5 Year169.33%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.48
ATR(20)%5.38%
ATR Inc-2.3%
Range Today0
ADR(20)0.48
ADR(20)%4.78%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS12.08
Mansfield-2.82
10 Day High11.3
10 Day Low10
20 Day High11.3
20 Day Low9.25
52 Week High21.08
52 Week Low7.6
CS1 End10.09
CR1 Start10.72
Volume & EV
DER(3)-3.78%
DER(5)4.91%
Volume300
Volume Incr-77.09%
Vol(5)780
Vol(50)5.24K