DIR DLY MSCI EMG MKT BULL 3X (EDC) Stock Technical Analysis
NYSEARCA:EDC - NYSE Arca - US25490K2814 - ETF - Currency: USD
Overall EDC gets a technical rating of 8 out of 10. In the past year, EDC was one of the better performing stocks in the market. The medium term picture became unclear, although we see some improvement happening in recent action.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
Looking at the yearly performance, EDC did better than 80% of all other stocks.
In the last month EDC has a been trading in the 28.35 - 35.81 range, which is quite wide. It is currently trading near the high of this range.
EDC is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so EDC is lagging the market.
Volume is considerably higher in the last couple of days.
Although EDC has an excellent technical rating, it does not offer a high 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.
More info and screens
26.80
35.26
We found 1 important support area.
- A support zone ranging from 27.07 to 27.57. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 34.67 to 34.91. 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
CRS80.79
Mansfield-0.02
10 Day High35.81
10 Day Low30.94
20 Day High35.81
20 Day Low28.35
52 Week High41.94
52 Week Low25.01
Performance
1 Week5.48%
2 Weeks11.27%
1 Month15.03%
3 Month12.2%
6 Month0.9%
12 Month14.58%
2 Year18.13%
3 Year-45.31%
5 Year-46%
10 Year-65.42%
15 Year-3.16%
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)0.4
RSI(14)67.95
LBB29.17
UBB35.6
34.66
-0.24 (-0.69%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.69%
1 Week5.48%
2 Weeks11.27%
1 Month15.03%
3 Month12.2%
6 Month0.9%
12 Month14.58%
2 Year18.13%
3 Year-45.31%
5 Year-46%
10 Year-65.42%
15 Year-3.16%
Volatility
ATR(14)1.06
ATR(20)%3.24%
ATR Inc35.16%
Range Today1.51
ADR(20)0.83
ADR(20)%2.39%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS80.79
Mansfield-0.02
10 Day High35.81
10 Day Low30.94
20 Day High35.81
20 Day Low28.35
52 Week High41.94
52 Week Low25.01
CS1 End27.57
CR1 Start34.67
Volume & EV
DER(3)0.86%
DER(5)1.74%
Volume373.10K
Volume Incr130.72%
Vol(5)204.52K
Vol(50)112.83K