FIRST TRUST DOW 30 EQL WGHT (EDOW) Stock Technical Analysis
NYSEARCA:EDOW - NYSE Arca - US33733A2015 - ETF - Currency: USD
We assign a technical rating of 1 out of 10 to EDOW. EDOW has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When compared to the yearly performance of all other stocks, EDOW outperforms 56% of them, which is more or less in line with the market.
EDOW 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.
In the last month EDOW has a been trading in the 31.52 - 36.41 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
EDOW has a poor technical rating and the quality of the setup is also not perfect 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
32.41
38.63
We found 2 important support areas.
- A support zone ranging from 33.97 to 34.35. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 32.74 to 33.14. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 35.19 to 35.79. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @36.61 from a horizontal line in the daily time frame.
- A resistance zone ranging from 38.01 to 38.25. 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
CRS56.76
Mansfield0.11
10 Day High35.24
10 Day Low32.78
20 Day High36.41
20 Day Low31.52
52 Week High38.24
52 Week Low31.52
Performance
1 Week2.58%
2 Weeks1.94%
1 Month-2.67%
3 Month-6.83%
6 Month-0.92%
12 Month5.52%
2 Year16.89%
3 Year19.58%
5 Year56.56%
10 YearN/A
15 YearN/A
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)0.24
RSI(14)52.87
LBB33.26
UBB35.43
NYSEARCA:EDOW (4/30/2025, 8:04:00 PM)
35.18
+0.12 (+0.34%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.34%
1 Week2.58%
2 Weeks1.94%
1 Month-2.67%
3 Month-6.83%
6 Month-0.92%
12 Month5.52%
2 Year16.89%
3 Year19.58%
5 Year56.56%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.69
ATR(20)%2.74%
ATR Inc-37.32%
Range Today0.77
ADR(20)0.79
ADR(20)%2.25%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS56.76
Mansfield0.11
10 Day High35.24
10 Day Low32.78
20 Day High36.41
20 Day Low31.52
52 Week High38.24
52 Week Low31.52
CS1 End34.35
CR1 Start35.19
Volume & EV
DER(3)2.67%
DER(5)5.51%
Volume16.50K
Volume Incr17.77%
Vol(5)102.84K
Vol(50)72.45K