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Fell Below 20 Day Moving Average appears for EDRY after 2.78% move

EuroDry Ltd. (EDRY) — Nightly Technical Analysis · Jul 16, 2026, 20:01 ET
EDRY posted a 2.78% loss on Thursday, July 16th, accompanied by 1.3× normal trading volume. Multiple bearish signals emerged — Fell Below 20 DMA, Fell Below 50 DMA & Expansion Pivot Sell Setup — suggesting potential weakness ahead. Key support levels exist at 21.85, 21.35 & 20.49, with resistance at 23.22, 24.08 & 24.58.

Current SwingTradeBot Technical Rating of EDRY: B

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EuroDry (EDRY)