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Stock Trend Analysis Report

Prepared for you on Saturday, May 4, 2024.

EuroDry Ltd. - Common Shares (NASDAQ:EDRY)

Weak Downtrend (-65) - EDRY is showing signs of a strengthening downtrend. Monitor EDRY as it may be building momentum to the downside.

Is it time to buy, sell, or avoid EDRY?

MarketClub looks at technical strength and momentum to determine if the timing is right for EDRY.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_EDRY
Open High Low EDRY Price Change
20.3300 20.3600 20.1928 20.1928 -0.1694
Entry Signal

MarketClub’s Trade Triangles for EDRY

long term up The long-term trend has been UP since Sep 27th, 2023 at 14.7099

intermediate term down The intermediate-term trend has been DOWN since Mar 27th, 2024 at 21.3100

short term down The short-term trend has been DOWN since Apr 30th, 2024 at 20.0500

Smart Scan Analysis for EDRY

Based on our trend formula, EDRY is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for EDRY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
20.3300 20.3600 20.1928 20.1928 -0.1694
Prev. Close Volume Bid Ask Time
20.1928 2539 2024-05-03 15:23:14
Year High14.5Year High Date2018-09-25
Year Low4.89Year Low Date2018-05-31
52wk High23.9852wk High Date2024-03-13
52wk Low13.4252wk Low Date2023-07-21
Average Volume7,892Shares Outstanding2,348
Market Cap17MAssets231,053,251M
Liabilities121,390,954MP/E Ratio0.9274
Volatility111.39
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