EURODRY LTD (EDRY) Stock Technical Analysis
NASDAQ:EDRY - MHY235081079 - Common Stock
10.9 USD
-0.25 (-2.24%)
Overall EDRY gets a technical rating of 5 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.
80% 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 3808 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
EDRY is part of the Marine Transportation industry. There are 35 other stocks in this industry, EDRY did better than 50% of them.
In the last month EDRY has a been trading in the 10.00 - 11.49 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. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 10.91. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 10.68, a Stop Loss order could be placed below this zone.
More info and screens
9.91
11.86
When analyzing the support we can see 2 important areas.
- A support zone ranging from 10.55 to 10.68. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 10.01 to 10.19. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 10.91 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 | UP | POSITIVE | The short term trend for EDRY is up. |
| ChartMill Relative Strength | 20.03 | NEGATIVE | EDRY has a low relative strength, it was outperformed by 79.97% 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 | MIXED | The current price of EDRY is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 55.66 | NEUTRAL | The RSI value for EDRY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests EDRY has a positive trend. |
| Stochastics (14,3) | 59.04 | NEUTRAL | The Stochastics value for EDRY is a neutral value. |
| Average True Range in percent/ATR (20) | 4.69 | MEDIUM VOLATILITY | The ATR as a percentage value for EDRY suggests some volalility. |
| Average Directional Index/ADX (14) | 53.55 | 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 (8/29/2025, 8:17:57 PM)
10.9
-0.25 (-2.24%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMarine Transportation
Performance
% Chg-2.24%
1 Week0.93%
2 Weeks7.09%
1 Month5.16%
3 Month34.07%
6 Month3.79%
12 Month-46.04%
2 Year-22.14%
3 Year-23.24%
5 Year190.67%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.42
ATR(20)%4.69%
ATR Inc-8.55%
Range Today0.09
ADR(20)0.38
ADR(20)%3.5%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS20.03
Mansfield-1.91
10 Day High11.15
10 Day Low10.26
20 Day High11.49
20 Day Low10
52 Week High20.8
52 Week Low7.6
CS1 End10.68
CR1 Start10.91
Volume & EV
DER(3)0%
DER(5)-11.33%
Volume2.10K
Volume Incr-9.57%
Vol(5)1.04K
Vol(50)3.81K