EDZ in -1.72% downward trend, sliding for three consecutive days on June 12, 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 EDZ declined for three days, in of 295 cases, the price declined further within the following month. The odds of a continued downward trend are .
Technical Analysis (Indicators)
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on June 04, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on EDZ as a result. In of 86 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
The Aroon Indicator for EDZ entered a downward trend on June 13, 2025. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
Bullish Trend Analysis
The RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where EDZ's RSI Oscillator exited the oversold zone, of 31 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 6 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.
The Moving Average Convergence Divergence (MACD) for EDZ just turned positive on June 13, 2025. Looking at past instances where EDZ's MACD turned positive, the stock continued to rise in of 46 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 EDZ advanced for three days, in of 272 cases, the price rose further within the following month. The odds of a continued upward trend are .
EDZ may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
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General Information
Category Trading
EDZ and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, EDZ has been closely correlated with SPXU. These tickers have moved in lockstep 70% of the time. This A.I.-generated data suggests there is a high statistical probability that if EDZ jumps, then SPXU could also see price increases.
| Ticker / NAME | Correlation To EDZ | 1D Price Change % | ||
|---|---|---|---|---|
| EDZ | 100% | +4.90% | ||
| SPXU - EDZ | 70% Closely correlated | +3.50% | ||
| SOXS - EDZ | 70% Closely correlated | +7.62% | ||
| SQQQ - EDZ | 70% Closely correlated | +3.83% | ||
| PSQ - EDZ | 69% Closely correlated | +1.31% | ||
| SDS - EDZ | 68% Closely correlated | +2.32% | ||
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