NYSEARCA:EYLD - NYSE Arca - US1320617061 - ETF - Currency: USD
We assign a technical rating of 2 out of 10 to EYLD. EYLD has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
Although the technical rating is bad, EYLD does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 31.64. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 29.98, a Stop Loss order could be placed below this zone.
29.12
When analyzing the support we notice one important area.
When analyzing the resistance we notice 2 important areas.
NYSEARCA:EYLD (4/28/2025, 12:56:17 PM)
31.71
+0.1 (+0.32%)