DIR DLY MSCI EMG MKT BEAR 3X (EDZ)

US25460E5472 - ETF

10.795  -0.03 (-0.23%)

After market: 10.64 -0.15 (-1.44%)

Technical Rating and Analysis

1

Taking everything into account, EDZ scores 1 out of 10 in our technical rating. EDZ's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture 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 comparing the yearly performance of all stocks, EDZ is a bad performer in the overall market: 80% of all stocks are doing better.
EDZ is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so EDZ is lagging the market.
In the last month EDZ has a been trading in the 9.89 - 11.70 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
EDZ Weekly chart
EDZ Daily chart
Setup Rating and Analysis

6

EDZ 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.

Support and Resistance Analysis

10.03

12.85

When analyzing the support we notice one important area.

  • A support zone ranging from 10.13 to 10.23. This zone is formed by a combination of multiple trend lines in multiple time frames.

2 important resistance areas can be observed.

  • A resistance zone ranging from 11.39 to 11.61. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @12.72 from a trend line in the weekly time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS20.54
Mansfield-1.95
10 Day High11.7
10 Day Low10.6
20 Day High11.7
20 Day Low9.89
52 Week High15.64
52 Week Low9.89
Performance
1 Week-5.64%
2 Weeks6.04%
1 Month2.61%
3 Month-11.73%
6 Month-30.31%
12 Month-15.53%
2 Year-14.93%
3 Year29.44%
5 Year-73.7%
10 Year-71.76%
15 Year-99.1%
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)0.03
RSI(14)48.72
LBB9.8
UBB11.98
EDZ Daily chart

DIR DLY MSCI EMG MKT BEAR 3X

NYSEARCA:EDZ (4/25/2024, 7:04:00 PM)

After market: 10.64 -0.15 (-1.44%)

10.795

-0.03 (-0.23%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.23%
1 Week-5.64%
2 Weeks6.04%
1 Month2.61%
3 Month-11.73%
6 Month-30.31%
12 Month-15.53%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.38
ATR(20)%3.25%
ATR Inc
Range Today0.48
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High11.7
10 Day Low10.6
20 Day High11.7
20 Day Low9.89
52 Week High15.64
52 Week Low9.89
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume37.50K
Volume Incr26.27%
Vol(5)125.40K
Vol(50)103.05K