DIR DLY MSCI EMG MKT BEAR 3X (EDZ) 13.23 -0.48 (-3.5%)
13.23 -0.48 (-3.5%)
US25460E5472 - ETF
Technical Rating
Taking everything into account, EDZ scores 4 out of 10 in our technical rating. EDZ has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
Looking at the yearly performance, EDZ did better than 92% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
EDZ 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.
Considerably lower volume is observed in the last couple of days.
In the last month EDZ has a been trading in the 13.18 - 15.94 range, which is quite wide. It is currently trading near the lows of this range.
Statistics
Support/Resistance Analysis
9.68
15.72
We found 3 important support areas.
- A support zone ranging from 13.22 to 13.22. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @10.22 from a trend line in the weekly time frame.
- Support @9.78 from a trend line in the weekly time frame.
We can see 3 important resistance areas.
- Resistance @14.54 from a horizontal line in the daily time frame.
- A resistance zone ranging from 14.99 to 15.20. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Resistance @15.56 from a horizontal line in the daily time frame.
Setup Analysis
Setup Rating
EDZ 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.
DIR DLY MSCI EMG MKT BEAR 3X13.23
NYSEARCA:EDZ (8/10/2022, 5:30:00 PM)-0.48 (-3.5%)
| GICS Sector | N/A | ||
| GICS Industry | N/A | ||
| Today | -3.5% | 1 Week | -4.96% |
| 2 Weeks | -3.43% | 1 Month | -12.5% |
| 3 Month | -7.48% | 6 Month | 41.5% |
| ATR(14) | 0.53 | ATR(20)% | 4.36% |
| ATR Inc | -20.2% | Range Today | 0.42 |
| ST Trend | LT Trend | ||
| SMA(5) | SMA(10) | ||
| SMA(20) | SMA(50) | ||
| SMA(100) | SMA(200) |
| CRS | 92.82 | Mansfield | 2.31 |
| 10 Day High | 14.55 | 10 Day Low | 13.18 |
| 20 Day High | 15.94 | 20 Day Low | 13.18 |
| 52 Week High | 16.1 | 52 Week Low | 7.93 |
| CS1 End | 13.22 | CR1 Start | 14.54 |
| DER(3) | -3.74% | DER(5) | -6.25% |
| Volume | 273.99K | Volume Incr | -49.78% |
| Vol(5) | 200.29K | Vol(50) | 482.45K |
Technical Stock Screener Links
Technical Stock Screener
Find stocks with similar TA and Setup ratings on the USA