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Stock Trend Analysis Report

Prepared for you on Wednesday, May 22, 2024.

Edible Garden AG Incorporated (NASDAQ:EDBL)

Long-Term Downtrend (-90) - EDBL is in a strong downtrend that is likely to continue. While EDBL is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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

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

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

NASDAQ_EDBL
Open High Low EDBL Price Change
1.87 2.39 1.82 2.26 -2.07
Entry Signal

MarketClub’s Trade Triangles for EDBL

long term down The long-term trend has been DOWN since Apr 19th, 2024 at 4.32

intermediate term down The intermediate-term trend has been DOWN since May 17th, 2024 at 3.61

short term down The short-term trend has been DOWN since May 22nd, 2024 at 3.37

Smart Scan Analysis for EDBL

Based on our trend formula, EDBL is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for EDBL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.87 2.39 1.82 2.26 -2.07
Prev. Close Volume Bid Ask Time
4.33 5531219 2024-05-22 15:59:45
52wk High89.59852wk High Date2023-09-01
52wk Low3.3752wk Low Date2024-05-20
Average Volume1,451,563Shares Outstanding549
Assets6,347,000MLiabilities10,435,000M
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