| EDZ latest price $12.6100 (1.94%) ($12.2900 - $12.6400) on Wed. Sep. 6, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.01% (three month average) |
RSI | 44 |
Latest Price | $12.6100(1.94%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EDZ advances 1.2% a day on average for past five trading days. |
Weekly Trend | EDZ declines -3% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Value stock sell-off for small cap. |
Correlated ETFs | Broad market will support EDZ advance at 0% a week (0% probability) VIXM(78%) VXX(74%) UUP(35%) TBT(24%) USO(-1%) |
Factors Impacting EDZ price | EDZ will decline at least -1.505% in a week (0% probabilities). EEM(-99%) VWO(-96%) IVE(-95%) BLOK(-95%) QQQ(-92%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.505% (StdDev 3.01%) |
Hourly BBV | 1.3 () |
Intraday Trend | 1% |
| |
|
|