| EDZ latest price $12.3700 (1.98%) ($12.3400 - $12.4890) on Thu. Jun. 29, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.78% (three month average) |
RSI | 50 |
Latest Price | $12.3700(1.98%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EDZ advances 0.7% a day on average for past five trading days. |
Weekly Trend | EDZ advances 1.7% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support EDZ advance at 0% a week (0% probability) VIXM(61%) VXX(61%) UUP(53%) TBT(29%) EDOC(12%) |
Factors Impacting EDZ price | EDZ will decline at least -1.39% in a week (0% probabilities). EEM(-99%) VWO(-98%) MCHI(-92%) FXI(-92%) KWEB(-90%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.39% (StdDev 2.78%) |
Hourly BBV | 1.1 () |
Intraday Trend | -0.5% |
| |
|
|