MORGAN STANLEY EMRG MRK DOM (EDD) Stock Technical Analysis
NYSE:EDD - New York Stock Exchange, Inc. - US6174771047 - Currency: USD
We assign a technical rating of 5 out of 10 to EDD. In the last year, EDD was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
Although the technical rating is only medium, EDD does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 5.12. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 5.09, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for EDD in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
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We found 5 important support areas.
- A support zone ranging from 5.01 to 5.09. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 4.84 to 4.85. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @4.73 from a horizontal line in the daily time frame.
- A support zone ranging from 4.47 to 4.50. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- A support zone ranging from 4.35 to 4.38. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 5.12 to 5.25. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for EDD is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for EDD is neutral. |
| ChartMill Relative Strength | 57.47 | NEUTRAL | EDD is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of EDD is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of EDD is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of EDD is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 50.81 | NEUTRAL | The RSI value for EDD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests EDD has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 57.33 | NEUTRAL | The Stochastics value for EDD is a neutral value. |
| Average True Range in percent/ATR (20) | 1.44 | LOW VOLATILITY | The low ATR as a percentage value for EDD suggests low volalility. |
| Average Directional Index/ADX (14) | 17.46 | NEGATIVE | The low ADX value for EDD suggests a weak or negative trend. |
NYSE:EDD (8/1/2025, 8:04:00 PM)
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