MRBL ENHANCED EQUITY ETF (EDGE) Stock Technical Analysis
NYSEARCA:EDGE - NYSE Arca - US02072Q7051 - ETF - Currency: USD
Overall EDGE gets a technical rating of 6 out of 10. In the last year, EDGE was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
EDGE has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
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36.91
When analyzing the support we notice one important area.
- A support zone ranging from 37.28 to 37.36. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 38.67 to 39.01. 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 EDGE is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for EDGE is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | EDGE has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of EDGE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of EDGE is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 59.59 | NEUTRAL | The RSI value for EDGE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests EDGE has a negative trend. |
| Stochastics (14,3) | 58.06 | NEUTRAL | The Stochastics value for EDGE is a neutral value. |
| Average True Range in percent/ATR (20) | 0.52 | LOW VOLATILITY | The low ATR as a percentage value for EDGE suggests low volalility. |
| Average Directional Index/ADX (14) | 23.33 | NEUTRAL | The ADX value for EDGE suggests a possible start of a new trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 38.74 | 38.54 | 0.20 (0.52%) | 25.00% |
| An entry @38.74. This is a Buy Stop order right above the 10 day moving average. | An exit @38.54. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.20 points, which is 0.52%. | For a 0.13% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of EDGE. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NYSEARCA:EDGE (6/20/2025, 8:04:00 PM)
38.6623
-0.05 (-0.14%)