Edible Garden AG Incorporated Stock Forecast

Hold candidate since May 12, 2025

The Edible Garden AG Incorporated stock price gained 5.15% on the last trading day (Monday, 12th May 2025), rising from $2.25 to $2.37. During the last trading day the stock fluctuated 8.04% from a day low at $2.26 to a day high of $2.44. The price has risen in 4 of the last 10 days and is up by 24.74% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 16 thousand more shares were traded than the day before. In total, 45 thousand shares were bought and sold for approximately $106.79 thousand.

The stock lies in the middle of a very wide and strong rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 43.54% during the next 3 months and, with a 90% probability hold a price between $1.89 and $6.57 at the end of this 3-month period.

EDBL Signals & Forecast

The Edible Garden AG Incorporated stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock, but the stock has a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections down, there will be some support from the lines at $2.16 and $2.26. A breakdown below any of these levels will issue sell signals. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Edible Garden AG Incorporated has increased volume and follows the last lift in the price. This is considered to be a technical positive sign as volume should follow the price-formation. Higher liquidity also reduces the general risk. Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Wednesday, March 26, 2025, and so far it has fallen -38.20%. Further fall is indicated until a new bottom pivot has been found.

Support, Risk & Stop-loss for Edible Garden AG Incorporated stock

Edible Garden AG Incorporated finds support from accumulated volume at $2.30 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock may move much during the day (volatility) and with a large prediction interval from the Bollinger Band this stock is considered to be "high risk". During the last day, the stock moved $0.182 between high and low, or 8.04%. For the last week, the stock has had daily average volatility of 11.12%.

Our recommended stop-loss: $2.24 (-5.32%) (This stock has high daily movements and this gives high risk. The RSI14 is 84 and this increases the risk substantially. There is a sell signal from a pivot top found 32 days ago.)

Trading Expectations (EDBL) For The Upcoming Trading Day Of Tuesday 13th

For the upcoming trading day on Tuesday, 13th we expect Edible Garden AG Incorporated to open at $2.36, and during the day (based on 14 day Average True Range), to move between $2.17 and $2.57, which gives a possible trading interval of +/-$0.201 (+/-8.46%) up or down from last closing price. If Edible Garden AG Incorporated takes out the full calculated possible swing range there will be an estimated 16.93% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $2.41 (1.69%) than the support at $2.30 (2.95%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is Edible Garden AG Incorporated stock A Buy?

Edible Garden AG Incorporated holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Hold/Accumulate candidate.

Current score: 0.276 Hold/Accumulate Upgraded

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Predicted Fair Opening Price

Predicted fair opening price on May 13, 2025 - $2.36 ( 0.537%).