Technical Analysis for EDBL - Edible Garden AG Incorporated

Grade Last Price % Change Price Change
F 6.14 -2.54% -0.16
EDBL closed down 4.4 percent on Wednesday, April 24, 2024, on 40 percent of normal volume.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Down Down Up

Date Alert Name Type % Chg
20 DMA Support Bullish -2.54%
Calm After Storm Range Contraction -2.54%
Wide Bands Range Expansion -2.54%
50 DMA Resistance Bearish -6.83%
20 DMA Support Bullish -6.83%
MACD Bullish Signal Line Cross Bullish -6.83%
Stochastic Buy Signal Bullish -6.83%
1,2,3 Pullback Bullish Bullish Swing Setup -6.83%
Pocket Pivot Bullish Swing Setup -6.83%
Calm After Storm Range Contraction -6.83%

   Recent Intraday Alerts

Alert Time
60 Minute Opening Range Breakdown about 3 hours ago
Possible NR7 about 3 hours ago
Possible Inside Day about 3 hours ago
10 DMA Support about 6 hours ago
Down 10% about 6 hours ago

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Profile

Edible Garden AG Incorporated Description

Edible Garden is a controlled environment agriculture (“CEA”) farming company. We use traditional agricultural growing techniques together with technology to grow fresh, organic food, sustainably and safely while improving traceability. We use the controlled environment of traditional greenhouse structures, such as glass greenhouses, together with hydroponic and vertical greenhouses to sustainably grow organic herbs and lettuces. In our hydroponic greenhouse, we grow plants without soil. Instead of planting one row of lettuce in the ground, by using a vertical greenhouse, we can grow many towers of lettuce in the same area by planting up instead of planting across. Growing these products sustainably means that we avoid depleting natural resources in order to maintain an ecological balance, such as by renewing, reusing and recycling materials in order to lower the overall one-time use of materials.


Classification

Sector: Consumer Defensive
Industry: Farm Products
Keywords: Agriculture Greenhouse Organic Food Hydroponics Aeroponics Controlled Environment Agriculture Hydroculture Horticulture Economic Taxonomy

Is EDBL a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 89.598
52 Week Low 3.62
Average Volume 702,325
200-Day Moving Average 13.41
50-Day Moving Average 7.10
20-Day Moving Average 6.25
10-Day Moving Average 5.58
Average True Range 1.82
RSI (14) 47.37
ADX 32.26
+DI 40.78
-DI 17.44
Chandelier Exit (Long, 3 ATRs) 7.01
Chandelier Exit (Short, 3 ATRs) 9.08
Upper Bollinger Bands 8.37
Lower Bollinger Band 4.13
Percent B (%b) 0.51
BandWidth 67.84
MACD Line -0.39
MACD Signal Line -0.48
MACD Histogram 0.084
Fundamentals Value
Market Cap 35.95 Million
Num Shares 5.71 Million
EPS -9.73
Price-to-Earnings (P/E) Ratio -0.65
Price-to-Sales 0.21
Price-to-Book 0.66
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 8.15
Resistance 3 (R3) 8.07 7.37 7.84
Resistance 2 (R2) 7.37 6.90 7.41 7.73
Resistance 1 (R1) 6.84 6.61 6.92 6.92 7.63
Pivot Point 6.14 6.14 6.18 6.18 6.14
Support 1 (S1) 5.61 5.67 5.69 5.69 4.97
Support 2 (S2) 4.91 5.38 4.95 4.87
Support 3 (S3) 4.38 4.91 4.76
Support 4 (S4) 4.46