EURODRY LTD (EDRY) Stock Technical Analysis
NASDAQ:EDRY - Nasdaq - MHY235081079 - Common Stock - Currency: USD
We assign a technical rating of 1 out of 10 to EDRY. EDRY scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, EDRY is a bad performer in the overall market: 89% of all stocks are doing better.
EDRY is one of the lesser performing stocks in the Marine Transportation industry. 64% of 32 stocks in the same industry do better.
EDRY is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so EDRY is lagging the market.
Warning: EDRY has an average volume of 4381 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
In the last month EDRY has a been trading in the 8.40 - 9.94 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.
EDRY has a poor technical rating and the quality of the setup is also not perfect 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
8.35
11.86
When analyzing the support we notice one important area.
- A support zone ranging from 8.43 to 8.54. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 4 important resistance areas.
- A resistance zone ranging from 9.78 to 9.89. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @10.34 from a trend line in the daily time frame.
- Resistance @11.37 from a horizontal line in the daily time frame.
- Resistance @11.74 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS11.16
Mansfield-4.48
10 Day High9.94
10 Day Low8.5
20 Day High9.94
20 Day Low8.4
52 Week High24.84
52 Week Low8
Performance
1 Week5%
2 Weeks5.14%
1 Month7.1%
3 Month-12.38%
6 Month-40.61%
12 Month-58.03%
2 Year-33.33%
3 Year-67.5%
5 Year162.86%
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.16
RSI(14)49.46
LBB8.22
UBB9.73
NASDAQ:EDRY (5/16/2025, 4:05:08 PM)
9.2
-0.69 (-6.96%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMarine Transportation
Performance
% Chg-6.96%
1 Week5%
2 Weeks5.14%
1 Month7.1%
3 Month-12.38%
6 Month-40.61%
12 Month-58.03%
2 Year-33.33%
3 Year-67.5%
5 Year162.86%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.34
ATR(20)%4.82%
ATR Inc150.77%
Range Today0
ADR(20)0.36
ADR(20)%3.91%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS11.16
Mansfield-4.48
10 Day High9.94
10 Day Low8.5
20 Day High9.94
20 Day Low8.4
52 Week High24.84
52 Week Low8
CS1 End8.54
CR1 Start9.78
Volume & EV
DER(3)26.82%
DER(5)16.69%
Volume1.30K
Volume Incr-59.91%
Vol(5)1.48K
Vol(50)4.38K