DIR DLY MSCI EMG MKT BEAR 3X (EDZ)       11.25  +0.55 (+5.14%)

11.25  +0.55 (+5.14%)

US25460E5472 - ETF - After market: 11.32 +0.07 (+0.62%)

Technical Rating

0

Overall EDZ gets a technical rating of 0 out of 10. 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.



In the last month EDZ has a been trading in the 10.04 - 12.73 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
77% of all other stocks performed better in the past year than EDZ.
EDZ is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.

Statistics

1 Month 3 Months 6 Months 12 Months -11.70% -35.53% -17.64% 19.55% SMA(20) SMA(50) SMA(100) SMA(200) RS 52 Wk Range ST Trend LT Trend 23.92 8.62 - 22.17
EDZ Weekly chart
EDZ Daily chart

Support/Resistance Analysis


10.12

13.52
When analyzing the support we notice one important area.
  • Support @10.22 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
  • Resistance @13.39 from a trend line in the daily time frame.

Setup Analysis

Setup Rating

3

The technical rating of EDZ is bad and it also does not present a quality setup 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.


EDZ Daily chart

DIR DLY MSCI EMG MKT BEAR 3X11.25

NYSEARCA:EDZ (2/3/2023, 7:04:00 PM)+0.55 (+5.14%)

After market: 11.32 +0.07 (+0.62%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS Sector N/A
GICS Industry N/A

Performance
Today 5.14% 1 Week 9.97%
2 Weeks 6.13% 1 Month -11.7%
3 Month -35.53% 6 Month -17.64%

Volatility
ATR(14) 0.41 ATR(20)% 3.76%
ATR Inc 26.44% Range Today 0.46

Trend & SMA
ST Trend LT Trend
SMA(5) SMA(10)
SMA(20) SMA(50)
SMA(100) SMA(200)

Relative Strength & Ranges
CRS 23.92 Mansfield -2.12
10 Day High 11.35 10 Day Low 10.04
20 Day High 12.73 20 Day Low 10.04
52 Week High 22.17 52 Week Low 8.62
CS1 End 10.22 CR1 Start 13.39

Volume & EV
DER(3) -0.87% DER(5) -0.42%
Volume 531.30K Volume Incr 44.67%
Vol(5) 323.74K Vol(50) 243.83K

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