Technical Analysis for EDGU - 3EDGE Dynamic US Equity ETF

Grade Last Price % Change Price Change
D 25.53 -1.02% -0.26
EDGU closed down 1.02 percent on Friday, November 15, 2024, on 10 percent of normal volume.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent N/A N/A Down

Date Alert Name Type % Chg
20 DMA Support Bullish 0.00%
Down 3 Days in a Row Weakness 0.00%
Down 4 Days in a Row Weakness 0.00%
Gapped Down Weakness 0.00%
Overbought Stochastic Strength -1.02%
Down 3 Days in a Row Weakness -1.02%
Gapped Down Weakness -1.02%
Volume Surge Other -1.89%
Overbought Stochastic Strength -1.89%
Stochastic Sell Signal Bearish -2.01%

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Profile

3EDGE Dynamic US Equity ETF Description

EDGU focuses on equity securities of US companies, adjusting its portfolio to capitalize on growth opportunities while mitigating losses in declining markets. The fund emphasizes sector selection and market capitalization variation based on US economic trends. EDGU uses a proprietary model that combines valuation metrics, economic indicators, and investor sentiment to assess sector and style potentials within the US market. Its strategy includes dynamic portfolio rebalancing to align with changing market conditions, focusing on both growth and value investment styles. The fund selectively invests in sectors and individual securities perceived as undervalued or likely to benefit from market catalysts. Similar to EDGI, EDGU may utilize a fund of funds strategy, investing in equity ETFs to implement its sector and allocation viewpoints. Security selection and weighting are based on analysis of sector performances and economic forecasts to enhance growth while limiting risks.


Classification

Keywords: Exchange Traded Fund Investment Management Fund Of Funds

Is EDGU a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 26.23
52 Week Low 24.82
Average Volume 81,984
200-Day Moving Average 0.00
50-Day Moving Average 0.00
20-Day Moving Average 25.49
10-Day Moving Average 25.73
Average True Range 0.20
RSI (14) 52.38
ADX 18.95
+DI 43.58
-DI 40.04
Chandelier Exit (Long, 3 ATRs) 25.64
Chandelier Exit (Short, 3 ATRs) 25.41
Upper Bollinger Bands 26.31
Lower Bollinger Band 24.66
Percent B (%b) 0.52
BandWidth 6.45
MACD Line 0.14
MACD Signal Line 0.10
MACD Histogram 0.0422
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 25.69
Resistance 3 (R3) 25.69 25.64 25.66
Resistance 2 (R2) 25.64 25.59 25.64 25.65
Resistance 1 (R1) 25.58 25.57 25.55 25.58 25.64
Pivot Point 25.53 25.53 25.51 25.53 25.53
Support 1 (S1) 25.47 25.48 25.44 25.47 25.41
Support 2 (S2) 25.42 25.46 25.42 25.40
Support 3 (S3) 25.36 25.42 25.39
Support 4 (S4) 25.36