FIRST TRUST DOW 30 EQL WGHT (EDOW) Stock Technical Analysis
NYSEARCA:EDOW - NYSE Arca - US33733A2015 - ETF - Currency: USD
We assign a technical rating of 4 out of 10 to EDOW. EDOW 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.
Warning: EDOW has an average volume of 27380 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
EDOW is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
When comparing the performance of all stocks over the past year, EDOW turns out to be only a medium performer in the overall market: it outperformed 66% of all stocks.
In the last month EDOW has a been trading in a tight range between 37.22 and 38.24.
EDOW has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 37.17, a Stop Loss order could be placed below this zone.
More info and screens
32.40
38.63
3 important support areas can be observed.
- A support zone ranging from 36.55 to 37.17. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 35.05 to 35.51. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 32.73 to 32.87. 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 37.84 to 38.25. This zone is formed by a combination of multiple trend lines and important moving averages 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
CRS66.43
Mansfield-0.06
10 Day High38.24
10 Day Low37.45
20 Day High38.24
20 Day Low37.22
52 Week High38.24
52 Week Low32.56
Performance
1 Week-1.55%
2 Weeks-0.77%
1 Month-0.05%
3 Month0.49%
6 Month7.61%
12 Month11.48%
2 Year29.9%
3 Year23.54%
5 Year64.22%
10 YearN/A
15 YearN/A
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)-0.04
RSI(14)49.23
LBB37.42
UBB38.3
NYSEARCA:EDOW (2/21/2025, 8:15:05 PM)
37.57
-0.39 (-1.03%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-1.03%
1 Week-1.55%
2 Weeks-0.77%
1 Month-0.05%
3 Month0.49%
6 Month7.61%
12 Month11.48%
2 Year29.9%
3 Year23.54%
5 Year64.22%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.35
ATR(20)%0.92%
ATR Inc45.6%
Range Today0.43
ADR(20)0.32
ADR(20)%0.85%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS66.43
Mansfield-0.06
10 Day High38.24
10 Day Low37.45
20 Day High38.24
20 Day Low37.22
52 Week High38.24
52 Week Low32.56
CS1 End37.17
CR1 Start37.84
Volume & EV
DER(3)-2.26%
DER(5)-0.68%
Volume12.30K
Volume Incr-33.76%
Vol(5)18.44K
Vol(50)27.38K