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 in -1.94% downward trend, falling for three consecutive days on August 01, 2025
Moving lower for three straight days is viewed as a bearish sign. Keep an eye on this stock for future declines. Considering data from situations where EDOW declined for three days, in of 260 cases, the price declined further within the following month. The odds of a continued downward trend are .
Technical Analysis (Indicators)
Bearish Trend Analysis
The 10-day RSI Indicator for EDOW moved out of overbought territory on July 24, 2025. 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 37 similar instances where the indicator moved out of overbought territory. In of the 37 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 2 days. Expect a price pull-back in the near future.
EDOW broke above its upper Bollinger Band on July 23, 2025. 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.
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on August 13, 2025. You may want to consider a long position or call options on EDOW as a result. In of 83 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
The Moving Average Convergence Divergence (MACD) for EDOW just turned positive on August 14, 2025. Looking at past instances where EDOW's MACD turned positive, the stock continued to rise in of 49 cases over the following month. 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 364 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 309 cases where EDOW Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
Advertisement
General Information
Category LargeValue
| 1 Day | |||
|---|---|---|---|
| MFs / NAME | Price $ | Chg $ | Chg % |
| TEQSX | 12.94 | 0.03 | +0.23% |
| Nuveen Emerging Markets Eq Idx Retire | |||
| PGILX | 38.69 | -0.08 | -0.21% |
| Putnam Focused Equity Y | |||
| TSMDX | 15.58 | -0.04 | -0.26% |
| Trillium ESG Small/Mid Cap Institutional | |||
| DOPIX | 32.82 | -0.22 | -0.67% |
| BNY Mellon Opportunistic Small Cap I | |||
| JDPRX | 15.98 | -0.11 | -0.68% |
| Janus Henderson Mid Cap Value R | |||
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 95% 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% | +0.03% | ||
| IVE - EDOW | 95% Closely correlated | -0.20% | ||
| IWD - EDOW | 95% Closely correlated | -0.19% | ||
| VTV - EDOW | 95% Closely correlated | -0.12% | ||
| VYM - EDOW | 94% Closely correlated | -0.29% | ||
| SCHD - EDOW | 86% Closely correlated | -0.04% | ||
More | ||||