Not a good buy right now for an impatient entry: short-term momentum is weakening (MACD histogram negative and expanding) and the statistical near-term edge is slightly bearish.
Price ($12.79 pre-market) is trading below the key pivot ($13.822) and around the first support zone (S1 $12.981 / S2 $12.462), so it may bounce, but there’s no Intellectia buy trigger to prioritize today.
Upside case exists longer-term (bullish MA stack + a bullish analyst view), but the latest quarter was loss-making and near-term timing looks unfavorable without confirmation.
Technical Analysis
Trend/MAs: Bullish moving-average structure (SMA_5 > SMA_20 > SMA_200) suggests the broader trend is constructive.
Momentum: MACD histogram is -0.0194 (below zero) and negatively expanding → bearish momentum increasing short-term.
RSI: RSI_6 = 31.522 (near oversold but still labeled neutral here) → selling pressure may be getting stretched, but not a confirmed reversal.
Levels: Current pre-market $12.79 is below Pivot $13.822 and near S1 $12.981; downside support at S2 $12.462. Resistance overhead at R1 $14.662 then R2 $15.181.
Pattern-based forward odds: ~40% chance of -1.17% next day, -0.83% next week, +0.88% next month → weak short-term expectancy.
Gross margin: 37.59% (+11.41% YoY) → margins improved, but not enough to prevent a net loss.
Growth
Profitability
Efficiency
Analyst Ratings and Price Target Trends
2025-11-13: Alliance Global maintained a Buy and raised PT to $25 from $20 after Q3 EBITDA beat expectations.
Wall Street pro view: Better operating performance vs expectations and potential for stronger subsequent quarter.
Wall Street con view: Recent quarter still posted a net loss and EPS was negative, so the bull case relies on a forward rebound rather than current profitability.
Wall Street analysts forecast EDRY stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for EDRY is 22.5 USD with a low forecast of 20 USD and a high forecast of 25 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
3 Analyst Rating
Wall Street analysts forecast EDRY stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for EDRY is 22.5 USD with a low forecast of 20 USD and a high forecast of 25 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
2 Buy
1 Hold
0 Sell
Moderate Buy
Current: 12.770
Low
20
Averages
22.5
High
25
Current: 12.770
Low
20
Averages
22.5
High
25
Alliance Global
Buy
maintain
$20 -> $25
AI Analysis
2025-11-13
Reason
Alliance Global
Price Target
$20 -> $25
AI Analysis
2025-11-13
maintain
Buy
Reason
Alliance Global raised the firm's price target on EuroDry to $25 from $20 and keeps a Buy rating on the shares. Q3 operating results were better than expected, with EBITDA beating the firm's estimate due tot a combination of higher time charter equivalent revenue and shipping days, and lower costs, the analyst tells investors in a research note. The firm added the the "strong" report sets the stage for stronger Q4 results.
