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Stock Trend Analysis Report

Prepared for you on Saturday, April 1, 2023.

EuroDry Ltd. - Common Shares (NASDAQ:EDRY)

Sidelines Mode (+55) - EDRY is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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.

Open High Low EDRY Price Change
16.70 16.91 16.49 16.57 -0.13
Entry Signal

MarketClub’s Trade Triangles for EDRY

long term up The long-term trend has been UP since Jan 17th, 2023 at 17.60

intermediate term up The intermediate-term trend has been UP since Feb 13th, 2023 at 17.00

short term down The short-term trend has been DOWN since Mar 30th, 2023 at 16.58

Smart Scan Analysis for EDRY

Based on our trend formula, EDRY is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Smart Scan Analysis for EDRY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
16.70 16.91 16.49 16.57 -0.13
Prev. Close Volume Bid Ask Time
16.57 10883 2023-03-31 15:53:42
Year High14.5Year High Date2018-09-25
Year Low4.89Year Low Date2018-05-31
52wk High44.9952wk High Date2022-04-21
52wk Low12.7152wk Low Date2022-09-07
Average Volume14,174Shares Outstanding2,348
Market Cap17MAssets201,846,085M
Liabilities93,881,243MP/E Ratio1.1023
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