Is EuroDry Ltd. stock a buy or sell right now?

EuroDry Ltd. currently trades in a Neutral range, with momentum and trend indicators showing no clear direction.

What is EuroDry Ltd.’s RSI?

RSI is 50.45, showing balanced momentum within the normal range.

What does MACD indicate for EDRY?

MACD at 0.45 remains positive, but the signal line crossover suggests short-term caution.

What are EuroDry Ltd.’s key support and resistance levels?

Support sits around $18.36, while resistance is near $21.99.

EuroDry Ltd.

EDRY•NASDAQ

Industrials

Marine Shipping

$20.20

$-0.70(-3.35%)

U.S. Market opens in 14h 25m

EuroDry Ltd. (EDRY) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for EuroDry Ltd. (NASDAQ:EDRY).

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

EDRY Technical Analysis Summary

EuroDry Ltd. stock currently trades in a neutral range, with no clear dominance from buyers or sellers.

Overall Sentiment:Neutral

Momentum:Neutral to Bullish (RSI: 50.45)

Trend Strength:Weak (ADX: 19.71)

Volatility:High (ATR: 1.38)

Support/Resistance:$18.36 – $21.99 (Bollinger Bands)

Technical conditions suggest EuroDry Ltd. is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 50.45

Bullish

Above midpoint suggests upward bias.

Stochastic %K: 49.73

Neutral

Mid-range signal with no clear trend.

Williams %R: -62.12

Bearish

Sellers maintain momentum below neutral.

Rate of Change (ROC): 0.90

Neutral

Price change is minimal.

Takeaway:EuroDry Ltd. shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: 0.45

Bullish

Bullish, trend momentum is strengthening.

ADX: 19.71

Weak

Weak trend, market trading sideways.

ATR (14): 1.38

Low

Low volatility, stable price action.

CCI (14): -45.86

Bearish

Bearish, momentum remains under pressure.

Takeaway:EuroDry Ltd. shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators

Bollinger Bands

Upper Band

$21.99

Middle Band (SMA 20)

$20.17

Lower Band

$18.36

Current Position

Within Bands

Takeaway:EuroDry Ltd. trades around the middle band, reflecting balanced price action.

Keltner Channels

Upper Channel

$23.06

Middle Line (EMA 20)

$20.31

Lower Channel

$17.56

Squeeze Status

Squeeze On

Takeaway:EuroDry Ltd. trades around the middle line, reflecting balanced price action.

Volume & Money Flow Analysis

On-Balance Volume136.48K

Money Flow Index57.07Neutral, balanced money flows with no clear signal.

Relative Vigor Index42.60Neutral to Bearish, sellers hold a slight edge.

Overall Takeaway:EDRY shows mixed signals in money flow analysis.

Technical Trading Signals Summary

Based on the current technical analysis of EuroDry Ltd., here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

MACD above 0 → bullish trend confirmation.

Price trading above middle Bollinger Band → mid-term support intact.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

MACD below signal line → short-term caution on momentum.

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Technical indicators for EuroDry Ltd. are mixed, suggesting a Hold or wait-and-see approach.