EDOW First Trust Dow 30 Equal Weight ETF Forecast, Technical & Fundamental Analysis
The investment seeks investment results that correspond generally to the price and yield of an index called the Dow Jones Industrial Average ® Equal Weight Index... Show more
EDOW's MACD Histogram crosses above signal line
The Moving Average Convergence Divergence (MACD) for EDOW turned positive on February 03, 2026. Looking at past instances where EDOW's MACD turned positive, the stock continued to rise in of 51 cases over the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on January 30, 2026. You may want to consider a long position or call options on EDOW as a result. In of 89 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where EDOW advanced for three days, in of 369 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Aroon Indicator entered an Uptrend today. In of 316 cases where EDOW Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
Bearish Trend Analysis
The 10-day RSI Indicator for EDOW moved out of overbought territory on January 07, 2026. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 39 similar instances where the indicator moved out of overbought territory. In of the 39 cases, the stock moved lower in the following days. This puts the odds of a move lower at .
The Stochastic Oscillator has been in the overbought zone for 1 day. Expect a price pull-back in the near future.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where EDOW declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
EDOW broke above its upper Bollinger Band on January 09, 2026. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
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General Information
Category LargeValue
| 1 Day | |||
|---|---|---|---|
| MFs / NAME | Price $ | Chg $ | Chg % |
| BMSRX | 15.24 | N/A | N/A |
| MFS Blended Research Mid Cap Eq R1 | |||
| MCVAX | 10.20 | -0.08 | -0.78% |
| Transamerica Mid Cap Value Opps A | |||
| JHARX | 10.44 | -0.09 | -0.85% |
| JHancock Multi-Asset Absolute Return R2 | |||
| MLGRX | 6.40 | -0.15 | -2.29% |
| NYLI Winslow Large Cap Growth Class R3 | |||
| MIGPX | 16.98 | -0.50 | -2.86% |
| Morgan Stanley Inst Global Insgt A | |||
EDOW and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, EDOW has been closely correlated with IVE. These tickers have moved in lockstep 96% of the time. This A.I.-generated data suggests there is a high statistical probability that if EDOW jumps, then IVE could also see price increases.
| Ticker / NAME | Correlation To EDOW | 1D Price Change % | ||
|---|---|---|---|---|
| EDOW | 100% | +0.10% | ||
| IVE - EDOW | 96% Closely correlated | +0.83% | ||
| IWD - EDOW | 95% Closely correlated | +0.82% | ||
| VTV - EDOW | 94% Closely correlated | +0.85% | ||
| VYM - EDOW | 93% Closely correlated | +0.71% | ||
| DIA - EDOW | 88% Closely correlated | +1.02% | ||
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