NYSEARCA:EDGU - NYSE Arca - US00791R7989 - ETF - Currency: USD
Taking everything into account, EDGU scores 7 out of 10 in our technical rating. Although EDGU is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Although EDGU has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
24.41
2 important support areas can be observed.
When analyzing the resistance we notice one important area.
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 EDGU is up. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for EDGU is up. |
ChartMill Relative Strength | 0 | NEGATIVE | EDGU has a low relative strength, it was outperformed by 100% off all stocks on the market. |
Simple Moving Average/SMA (20) | UP | MIXED | The current price of EDGU is below the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of EDGU is above the rising SMA(50). |
Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of EDGU is above the rising SMA(200). |
Relative Strength Index/RSI (14) | 57.62 | NEUTRAL | The RSI value for EDGU is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests EDGU has a negative trend. |
Stochastics (14,3) | 67.81 | NEUTRAL | The Stochastics value for EDGU is a neutral value. |
Average True Range in percent/ATR (20) | 0.5 | LOW VOLATILITY | The low ATR as a percentage value for EDGU suggests low volalility. |
Average Directional Index/ADX (14) | 27.8 | POSITIVE | The high ADX value value for EDGU suggests a strong trend. |
NYSEARCA:EDGU (8/1/2025, 2:59:46 PM)
26.01
-0.3 (-1.14%)