DIR DLY MSCI EMG MKT BULL 3X (EDC) Stock Technical Analysis
NYSEARCA:EDC - NYSE Arca - US25490K2814 - ETF - Currency: USD
Overall EDC gets a technical rating of 4 out of 10. EDC has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month EDC has a been trading in the 24.50 - 33.03 range, which is quite wide. It is currently trading near the high of this range.
When compared to the yearly performance of all other stocks, EDC outperforms 52% of them, which is more or less in line with the market.
EDC is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
EDC has an average technical rating and the quality of the presented setup is also not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
24.21
35.39
When analyzing the support we can see 2 important areas.
- A support zone ranging from 30.78 to 31.61. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @24.45 from a trend line in the weekly time frame.
2 important resistance areas can be observed.
- Resistance @32.72 from a trend line in the daily time frame.
- A resistance zone ranging from 34.01 to 35.04. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS52.25
Mansfield-0.14
10 Day High33.03
10 Day Low28.64
20 Day High33.03
20 Day Low24.5
52 Week High41.94
52 Week Low20.13
Performance
1 Week-0.88%
2 Weeks9.72%
1 Month33.36%
3 Month1.97%
6 Month-7.73%
12 Month-3.66%
2 Year14.4%
3 Year-29.31%
5 Year-15.48%
10 Year-68.47%
15 Year4.1%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.5
RSI(14)59.05
LBB26.86
UBB33.3
31.62
+0.59 (+1.9%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg1.9%
1 Week-0.88%
2 Weeks9.72%
1 Month33.36%
3 Month1.97%
6 Month-7.73%
12 Month-3.66%
2 Year14.4%
3 Year-29.31%
5 Year-15.48%
10 Year-68.47%
15 Year4.1%
Volatility
ATR(14)1.11
ATR(20)%3.61%
ATR Inc-24.79%
Range Today0.64
ADR(20)0.75
ADR(20)%2.36%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS52.25
Mansfield-0.14
10 Day High33.03
10 Day Low28.64
20 Day High33.03
20 Day Low24.5
52 Week High41.94
52 Week Low20.13
CS1 End31.61
CR1 Start32.72
Volume & EV
DER(3)0.66%
DER(5)-0.31%
Volume35.10K
Volume Incr-25.48%
Vol(5)91.34K
Vol(50)115.66K