Taking everything into account, EDZ scores 0 out of 10 in our technical rating. EDZ scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
EDZ has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
34.12
We found 2 important support areas.
- Support @36.94 from a trend line in the daily time frame.
- Support @34.46 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 40.55 to 40.55. This zone is formed by a combination of multiple trend lines 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 | DOWN | NEGATIVE | The long term trend for EDZ is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for EDZ is neutral. |
| ChartMill Relative Strength | 9.5 | NEGATIVE | EDZ has a low relative strength, it was outperformed by 90.5% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of EDZ is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of EDZ is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of EDZ is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 48.14 | NEUTRAL | The RSI value for EDZ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.09 | POSITIVE | The MACD value suggests EDZ has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 67.66 | NEUTRAL | The Stochastics value for EDZ is a neutral value. |
| Average True Range in percent/ATR (20) | 3.31 | MEDIUM VOLATILITY | The ATR as a percentage value for EDZ suggests some volalility. |
| Average Directional Index/ADX (14) | 16.2 | NEGATIVE | The low ADX value for EDZ suggests a weak or negative trend. |
37.77
-1.06 (-2.73%)
DIR DLY MSCI EMG MKT BEAR 3X / EDZ FAQ
Can you provide the ChartMill technical rating for DIR DLY MSCI EMG MKT BEAR 3X?
ChartMill assigns a technical rating of 0 / 10 to EDZ.
Can you provide the trend direction for DIR DLY MSCI EMG MKT BEAR 3X?
The current trend direction for DIR DLY MSCI EMG MKT BEAR 3X (EDZ) is Bearish.
What is the RSI signal for DIR DLY MSCI EMG MKT BEAR 3X (EDZ) stock?
DIR DLY MSCI EMG MKT BEAR 3X (EDZ) has an RSI value of 48.142. This indicates that the stock is currently neutral.
What is the MACD signal for DIR DLY MSCI EMG MKT BEAR 3X (EDZ) stock?
The MACD indicator for DIR DLY MSCI EMG MKT BEAR 3X (EDZ) has a value of 0.0931779, indicating a bearish trend.
What is the support and resistance level for EDZ stock?
DIR DLY MSCI EMG MKT BEAR 3X (EDZ) has a support level at 36.94 and a resistance level at 40.55. Check the full technical report for our detailed analysis of EDZ support and resistance levels.