Taking everything into account, EDGF scores 2 out of 10 in our technical rating. In the last year, EDGF was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
- When comparing the yearly performance of all stocks, EDGF is a bad performer in the overall market: 63% of all stocks are doing better.
- EDGF is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
- In the last month EDGF has a been trading in a tight range between 24.38 and 24.78.
- Volume is considerably higher in the last couple of days.
Although the technical rating is bad, EDGF does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 24.71. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 24.68, a Stop Loss order could be placed below this zone.
More info and screens
24.21
We found 1 important support area.
- A support zone ranging from 24.45 to 24.68. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 24.71 to 25.13. 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 EDGF is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for EDGF is down. |
| ChartMill Relative Strength | 37.4 | NEUTRAL | EDGF is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of EDGF is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of EDGF is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of EDGF is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 49.89 | NEUTRAL | The RSI value for EDGF is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests EDGF has a positive trend. |
| Stochastics (14,3) | 78.24 | NEUTRAL | The Stochastics value for EDGF is a neutral value. |
| Average True Range in percent/ATR (20) | 0.25 | LOW VOLATILITY | The low ATR as a percentage value for EDGF suggests low volalility. |
| Average Directional Index/ADX (14) | 33.71 | POSITIVE | The high ADX value value for EDGF suggests a strong trend. |
24.71
+0.04 (+0.16%)
3EDGE DYNAMIC FIXED INCM ETF / EDGF FAQ
What is the technical rating for EDGF stock?
ChartMill assigns a technical rating of 2 / 10 to EDGF.
Can you provide the trend direction for 3EDGE DYNAMIC FIXED INCM ETF?
The current trend direction for 3EDGE DYNAMIC FIXED INCM ETF (EDGF) is Bullish.
What is the RSI signal for 3EDGE DYNAMIC FIXED INCM ETF (EDGF) stock?
3EDGE DYNAMIC FIXED INCM ETF (EDGF) has an RSI value of 49.8853. This indicates that the stock is currently neutral.
What is the MACD signal for EDGF stock?
The MACD indicator for 3EDGE DYNAMIC FIXED INCM ETF (EDGF) has a value of 0.0133658, indicating a bearish trend.
What is the short term momentum for EDGF stock?
The short term momentum for 3EDGE DYNAMIC FIXED INCM ETF (EDGF) is negative.