EURODRY LTD (EDRY) Stock Technical Analysis
NASDAQ:EDRY - Nasdaq - MHY235081079 - Common Stock - Currency: USD
Taking everything into account, EDRY scores 4 out of 10 in our technical rating. 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.
91% of all other stocks performed better in the past year than EDRY.
EDRY is one of the lesser performing stocks in the Marine Transportation industry. 65% of 36 stocks in the same industry do better.
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 5394 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
In the last month EDRY has a been trading in the 8.66 - 11.85 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
EDRY has an average technical rating and the quality of the presented setup is also not ideal at the moment. Prices have been consolidating lately.
More info and screens
9.30
11.86
When analyzing the support we notice one important area.
- A support zone ranging from 9.39 to 9.39. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 10.54 to 10.56. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @11.11 from a trend line in the daily time frame.
- 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 | DOWN | NEGATIVE | The long term trend for EDRY is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for EDRY is up. |
| ChartMill Relative Strength | 9.03 | NEGATIVE | EDRY has a low relative strength, it was outperformed by 90.97% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of EDRY is above 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) | 67.35 | NEUTRAL | The RSI value for EDRY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.1 | POSITIVE | The MACD value suggests EDRY has a positive trend. |
| Stochastics (14,3) | 40.71 | NEUTRAL | The Stochastics value for EDRY is a neutral value. |
| Average True Range in percent/ATR (20) | 6.31 | HIGH VOLATILITY | The high ATR as a percentage value for EDRY suggests high volalility. |
| Average Directional Index/ADX (14) | 32.13 | 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 (7/15/2025, 2:08:21 PM)
9.92
-0.63 (-5.97%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMarine Transportation
Performance
% Chg-5.97%
1 Week9.1%
2 Weeks15.93%
1 Month25.6%
3 Month15.3%
6 Month-7.29%
12 Month-56.58%
2 Year-26.84%
3 Year-39.65%
5 Year188.65%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.74
ATR(20)%6.31%
ATR Inc48.52%
Range Today0.67
ADR(20)0.62
ADR(20)%6.25%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS9.03
Mansfield-2.79
10 Day High11.85
10 Day Low8.95
20 Day High11.85
20 Day Low8.66
52 Week High24.72
52 Week Low7.6
CS1 End9.39
CR1 Start11.11
Volume & EV
DER(3)-4.68%
DER(5)-5.58%
Volume875
Volume Incr-14.29%
Vol(5)6.54K
Vol(50)5.39K