NYSEARCA:EYLD - NYSE Arca - US1320617061 - ETF - Currency: USD
Overall EYLD gets a technical rating of 5 out of 10. EYLD has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.
Although the technical rating is only medium, 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 32.49. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 32.17, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for EYLD in the last couple of days, which is a good sign. Another positive sign is the recent Pocket Pivot signal.
29.68
3 important support areas can be observed.
When analyzing the resistance we notice 4 important areas.
NYSEARCA:EYLD (3/7/2025, 8:22:45 PM)
32.39
+0.24 (+0.75%)