EDRY Technical Analysis & Stock Price Forecast

Technical Sentiment

Overall Consensus

Sell

Buy

Technical Analysis Consensus

Sell

Buy

Moving Average Consensus

Sell

Buy

EuroDry Ltd (EDRY) Moving Averages Convergence Divergence (MACD) indicator is 0.483, suggesting EDRY is Strong Buy.

EuroDry Ltd (EDRY) 20-Day simple moving average is 20.75, while EuroDry Ltd (EDRY) share price is $22.4, making it Buy.

EuroDry Ltd (EDRY) 60-Day simple moving average is 19.87, while EuroDry Ltd (EDRY) share price is $22.4, making it Buy.

Technical Analysis for EDRY

Technical Sentiment Analysis for EuroDry Ltd (EDRY) As of 2026-05-11, EuroDry Ltd (EDRY) is exhibiting a Strong Buy technical sentiment. Our proprietary analysis, which aggregates 14 technical signals, shows that 10 indicators are flashing buy, while 4 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for EDRY stands at 60.464, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at 0.483, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 89.099 and the Commodity Channel Index (CCI) at 160.136 further confirm a 2.2 outlook for the stock.

Support, Resistance & Moving Averages From a structural perspective, EDRY is trading above its 60-day moving average of $19.87 and above its 200-day long-term moving average of $14.628. Key price levels to watch include the immediate resistance at $22.366 and strong support at $18.905. A break above $22.366 could signal a bull continuation, while falling below $18.905 may test the next Fibonacci floor at $17.191.

EuroDry Ltd (EDRY) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	15.443	17.191	18.905	20.652	22.366	24.113	25.827
Fibonacci	17.191	18.513	19.33	20.652	21.974	22.791	24.113

EuroDry Ltd (EDRY) Technical Indicators

2026-05-11

Name	Value
RSI_14	60.464
STOCHk_14_3_3	89.099
STOCHd_14_3_3	76.344
CCI_20	160.136
AO_5_34	1.197
MOM_10	2.2
MACD_12_26_9	0.483

EuroDry Ltd (EDRY) Relative Strength Index (RSI) is 60.464, creating a Neutral signal.

EuroDry Ltd (EDRY) Stochastic Oscillator is 89.099, creating a Sell signal.

EuroDry Ltd (EDRY) Stochastic RSI is 76.344, creating a Neutral signal.

EuroDry Ltd (EDRY) Commodity Channel Index (CCI) is 160.136, creating a Sell signal.

EuroDry Ltd (EDRY) Awesome Oscillator is 1.197, creating a Buy signal.

EuroDry Ltd (EDRY) Momentum is 2.2, creating a Buy signal.

EuroDry Ltd (EDRY) MACD is 0.483, creating a Buy signal.

EuroDry Ltd (EDRY) Moving Average

2026-05-11

Period	Simple	Signal
MA_5	21.588	Buy
MA_10	20.618	Buy
MA_20	20.75	Buy
MA_60	19.87	Buy
MA_200	14.628	Buy
MA_250	13.571	Buy

EuroDry Ltd (EDRY) 5-Day simple moving average is 21.588, while EuroDry Ltd (EDRY) share price is $22.4, making it a Buy.

EuroDry Ltd (EDRY) 10-Day simple moving average is 20.618, while EuroDry Ltd (EDRY) share price is $22.4, making it a Buy.

EuroDry Ltd (EDRY) 20-Day simple moving average is 20.75, while EuroDry Ltd (EDRY) share price is $22.4, making it a Buy.

EuroDry Ltd (EDRY) 60-Day simple moving average is 19.87, while EuroDry Ltd (EDRY) share price is $22.4, making it a Buy.

EuroDry Ltd (EDRY) 200-Day simple moving average is 14.628, while EuroDry Ltd (EDRY) share price is $22.4, making it a Buy.

EuroDry Ltd (EDRY) 250-Day simple moving average is 13.571, while EuroDry Ltd (EDRY) share price is $22.4, making it a Buy.

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Frequently Asked Questions

What is the current technical consensus for EDRY?

The overall technical consensus for EuroDry Ltd (EDRY) is currently Strong Buy. This rating is derived from a combined analysis of moving averages and oscillators, currently showing 4 buy signals and 4 sell signals.

What are the key support and resistance levels for EuroDry Ltd (EDRY) today?

Based on pivot point calculations, EuroDry Ltd (EDRY) has an immediate support level at 18.905 and a major resistance level at 22.366. Traders also monitor the pivot point at 20.652 to determine the intraday trend direction.

Is EuroDry Ltd (EDRY) overbought or oversold based on the RSI?

The Relative Strength Index (RSI) for EuroDry Ltd (EDRY) is currently 60.464. This indicates that the stock is in neutral territory (typically, a value below 30 is oversold and above 70 is overbought).

What signal is the MACD providing for EuroDry Ltd (EDRY)?

EuroDry Ltd (EDRY) Moving Averages Convergence Divergence (MACD) indicator is 0.483, suggesting EDRY is Strong Buy. This indicator helps identify potential trend reversals or momentum shifts for EuroDry Ltd.

How is EuroDry Ltd (EDRY) performing relative to its 200-day moving average?

EuroDry Ltd (EDRY) is currently trading at $22.4, which is above its 200-day simple moving average of 14.628. Trading above the 200-day MA is often used by investors to determine the long-term bullish or bearish trend.