Strait Intelligence · Strait Signal
Dry Bulk · Weekly Chart Review
Score
70/100
Yellow
First Strait Signal entry for EDRY — no prior reading to compare.
Trend · 35/35
Price > 250 SMA✓ +20
Price > 50 SMA✓ +15
Momentum · 35/35
MACD bullish✓ +20
ROC positive✓ +15
Trend Strength · 0/20
ADX > 25(value: 22.23)✗ +20
Volatility · 0/10
ATR vs 50d avg(expanded, visual estimate)✗ +10
Note: First Strait Signal entry for EDRY. Trend fully intact, price ($34.72) well above both the 50 SMA ($23.59) and 250 SMA ($16.86). Momentum strongly bullish — MACD well above signal, ROC an outsized +40.00 — and ADX at 22.23 nears but doesn't clear the 25 threshold. Volatility is the flag: today's session alone moved the stock roughly 14% on the close, a sharp expansion that costs the full 10 points.
Chart
Daily Chart SMA / ADX / MACD / ROC / ATR · click to enlarge
EuroDry posts the most volatile session in this week's Dry Bulk batch — the stock closed up roughly 14% on the day, driving both the outsized +40.00 ROC reading and the volatility markdown. Trend and momentum both score in full: price is well clear of both moving averages and MACD holds a wide lead over signal. ADX at 22.23 is one of the firmer trend-strength reads in the sector without quite confirming. The single-session volatility spike is real and current, not a modeling artifact, so this entry costs the full 10 volatility points and is worth a close look at whether the move holds or mean-reverts next week.