Why is EDRY Down Today?

EDRY
$54.60
▼ -2.03% ($-1.11)
Last updated: Oct 02, 2026 8:39 PM ET (270 min ago)

About EuroDry Ltd. Common Shares

EuroDry Ltd is a holding company. It is a provider of ocean-going transportation. The company owns and operates dry bulk carriers that transport bulk such as iron ore, coal, and grains, and minor bulks such as bauxite, phosphate, and fertilizers. It operates under one operating and one reportable se...

Sector: Water Transportation
Market Cap: $34.73M
Forward P/E: 5.4
52-Week Range: $11.95 - $73.07
Employees: 298

Overall Confidence: 50%

50% Confident

Based on news, social sentiment, options activity, and sector analysis

MOMENTUM 50% Confidence
🎯 EDRY showing strong bearish momentum
EDRY is down 2.0% today on 0.6x average volume. The move appears to be driven by general market sentiment and momentum traders.

✅ Move Confirmation

LOW VOLUME 0.6x average volume

UNCONFIRMED - Low volume suggests this move may not be sustainable.

📍 Sector Context

Water Transportation sector: +0.2%

EDRY is outperforming its sector by -2.3%. This suggests a stock-specific catalyst.

Market Comparison

EDRY is significantly underperforming the market (-2.8% vs SPY)
S&P 500
SPY
+0.74%
Nasdaq 100
QQQ
+1.02%
EDRY
This Stock
-2.03%
vs S&P 500: -2.77%
vs Nasdaq: -3.05%

📊 What Happens Next?

Probability Analysis

45% chance this move continues in the next 1-3 days

Expected Range

Based on historical patterns and options pricing, EDRY is expected to trade between:
$52.96 - $55.69

Key Level to Watch

$51.87 support
Watch for breakdown below $54.60

🔔 Get EDRY Alerts

We'll notify you when EDRY's trend changes or a new signal fires.

Last updated: Oct 02, 2026 8:39 PM (270 minutes ago)
Data refreshes every 30 minutes during market hours

Historical Context

EDRY has moved more than 3.0% down on 40 occasions in the past year.

30.0%
Continuation Rate
12/40 times continued down
+2.42%
Avg Next Day Change
After similar down moves
Last similar move: Sep 25, 2026 (-5.4%) → Next day: +7.6%

Frequently Asked Questions

Why is EDRY stock down today?

EDRY is down 2.0% today on 0.6x average volume. The move appears to be driven by general market sentiment and momentum traders.

Is EDRY stock a buy or sell right now?

Based on current analysis, EDRY shows 50% confidence in today's move. Volume is low which does not confirm the trend. View full buy/sell analysis →

What is the EDRY stock price target?

EDRY is currently trading at $54.60. Based on today's momentum, the expected short-term range is $52.96 - $55.69. See long-term price prediction →

Will EDRY stock continue falling?

Our analysis shows a 45% probability that EDRY's move continues in the next 1-3 days. Key level to watch: $51.87 (support).

Is EDRY stock oversold or overbought?

EDRY's RSI (Relative Strength Index) is currently at 52.5. This shows bullish momentum - the stock has positive momentum but isn't overextended yet.

What is the momentum for EDRY stock?

EDRY's 10-day momentum indicator is at -12.9. Strong bearish momentum - the stock is experiencing significant downward pressure. Watch for potential reversal signals.

Is EDRY outperforming or underperforming the market?

EDRY (-2.03%) is currently significantly underperforming the market (-2.8% vs SPY). Today, the S&P 500 (SPY) is up 0.74%, and Nasdaq (QQQ) is up 1.02%.

What does MACD indicate for EDRY?

EDRY's MACD (1.17) is currently below the signal line (2.88), indicating a bearish trend. This technical signal suggests selling pressure is dominant. The trend strength (ADX: 41.0) is strong.

Is EDRY in an uptrend or downtrend?

Based on moving average analysis, EDRY is in a mixed/transitional trend. The price and moving averages are not clearly aligned, suggesting a potential trend change or consolidation phase. 20-day SMA: $59.43, 50-day SMA: $46.94.

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