| EDZ latest price $14.3000 (5.61%) ($14.0410 - $14.4700) on Wed. Jun. 22, 2022. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 4.4% (three month average) |
RSI | 63 |
Latest Price | $14.3000(5.61%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EDZ advances 0.8% a day on average for past five trading days. |
Weekly Trend | EDZ advances 7.5% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Value stock sell-off for small cap. |
Correlated ETFs | Broad market will support EDZ advance at 0% a week (0% probability) UUP(35%) VIXM(28%) VXX(7%) TBT(6%) UNG(-4%) |
Factors Impacting EDZ price | EDZ will decline at least -2.2% in a week (0% probabilities). EEM(-99%) MCHI(-89%) FXI(-88%) KWEB(-85%) EWY(-83%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.2% (StdDev 4.4%) |
Hourly BBV | 0.7 () |
Intraday Trend | -1% |
| |
|
|