Stock Trend Analysis Report
Prepared for you on Thursday, November 30, 2023.
Edible Garden AG Incorporated (NASDAQ:EDBL)
Countertrend Down (-85) - EDBL is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score 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.
MarketClub’s Trade Triangles for EDBL
The long-term trend has been DOWN since Sep 7th, 2023 at 1.15
The intermediate-term trend has been DOWN since Nov 15th, 2023 at 0.49
The short-term trend has been UP since Nov 28th, 2023 at 0.47
Smart Scan Analysis for EDBL
Based on our trend formula, EDBL is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||19.8||52wk High Date||2022-12-12|
|52wk Low||0.3816||52wk Low Date||2023-11-16|
|Average Volume||135,507||Shares Outstanding||5,706|