Login or Join
Learn then Earn

(EDRY) Eurodry complete technical analysis [charts+indicators] | Buy/Sell Eurodry | (EDRY) share price targets

Complete technical analysis of Eurodry (EDRY) by charts plus indicators, forecast predictions and share price targets for Eurodry (EDRY)

Eurodry trades in USA in Consumer Services sector.

10 day averaged volume of Eurodry is 3470

Date Daily Closing Price Open High Low Volume
16 Thu May 2024 21.72 21.50 21.75 21.50 0.378 times
15 Wed May 2024 21.65 21.65 21.65 21.65 0.256 times
13 Mon May 2024 21.83 21.84 21.95 21.00 0.807 times
10 Fri May 2024 21.71 21.73 21.73 21.51 0.98 times
09 Thu May 2024 21.30 20.99 21.42 20.98 2.478 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 21.3, but if it comes below 21.3, then a intra day sell could be more profitable.
If you take a sell trade below 21.3, then use 21.3 as stoploss and 20.71 as target. However if you take a buy trade in stock , then use 21.3 as stoploss and 22 as target.

Share price targets for Eurodry (EDRY)

Target Type Value
Downside Target 18.92
Downside Target 19.52
Downside Target 20.77
Downside Target 21.00
Downside Target 21.25
Upside Target 21.73
Upside Target 21.95
Upside Target 22.19
Upside Target 23.98

Intraday share price targets for Eurodry (EDRY)

Target Type Value
Downside Intraday Target 21.16
Downside Intraday Target 20.61
Upside Intraday Target 22.11
Upside Intraday Target 22.51
Downside Intraday Target 21.56

Weekly technical analysis of Eurodry (EDRY)

Date Weekly Closing Price Open High Low Volume
16 Thu May 2024 21.72 21.84 21.95 21.00 0.193 times
10 Fri May 2024 21.71 20.11 21.73 19.70 0.361 times
03 Fri May 2024 20.19 20.59 20.59 19.69 7.242 times
26 Fri Apr 2024 20.58 20.05 20.77 20.05 0.259 times
19 Fri Apr 2024 20.51 20.00 20.62 19.52 1.124 times

Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Eurodry (EDRY)

Date Monthly Closing Price Open High Low Volume
16 Thu May 2024 21.72 19.78 21.95 19.70 0.439 times
30 Tue Apr 2024 20.11 20.55 21.25 19.01 0.664 times
28 Thu Mar 2024 20.84 21.73 23.98 20.30 1.203 times
29 Thu Feb 2024 22.00 21.04 22.19 20.03 0.893 times

Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Eurodry (EDRY)

Indicator Name Indicator Value Indicator Signal
ADX 25, 27, 4 Sell
MACD 0, 0Buy
Stochastics 90Buy
CCI 78Buy
RSI 54Buy
OBV 322Sell
VWAP 21Buy
ADL 0Sell
ROC 7Buy
Force Index 0Sell

Price action analysis of Eurodry ( (EDRY) ) based on a short term time period is

Price action analysis of Eurodry ( (EDRY) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Eurodry ( (EDRY) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Eurodry ( (EDRY) ) based on a mid to longer term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

ADX buy sell signal for Eurodry stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.

MACD generated a BUY signal for Eurodry in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Eurodry Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Eurodry in short term and BUY signal is strong.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Eurodry is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 21.01 and Eurodry (EDRY) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Eurodry (EDRY) stock. Volume based technical analysis of Eurodry (EDRY) stock is negative.

Eurodry Stock is giving positive returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

Learn then Earn
Back to top | Use Dark Theme