Technical Analysis for EDGI - 3EDGE Dynamic International Equity ETF

Grade Last Price % Change Price Change
F 23.18 -0.27% -0.06
EDGI closed down 0.27 percent on Wednesday, November 20, 2024, on 11 percent of normal volume. The bears made the stock sink to a new 52-week low. Due to the stock's strong downtrend, it may remain oversold for a while. So, if you're looking for a reason to buy, don't put too much weight on it being oversold.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong N/A N/A Down

Date Alert Name Type % Chg
New 52 Week Low Weakness 0.00%
Gapped Down Weakness 0.00%
Oversold Stochastic Weakness 0.00%
Narrow Range Bar Range Contraction -0.27%
Inside Day Range Contraction -0.27%
Oversold Stochastic Weakness -0.27%
Lower Bollinger Band Walk Weakness -0.20%
Gapped Up Strength -0.20%
Oversold Stochastic Weakness -0.20%
New 52 Week Closing Low Bearish 0.35%

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Profile

3EDGE Dynamic International Equity ETF Description

EDGI primarily invests in international equity securities, focusing on regions such as Europe, Japan, China, India, and emerging markets. The fund aims to achieve capital appreciation and growth in rising markets while managing risk during downturns through dynamic country, sector, and market-capitalization exposures. Utilizing a proprietary model that integrates valuation, economic, and investor behavioral factors, EDGI identifies undervalued countries and sectors with potential for positive response to financial catalysts. The fund's strategy involves frequent adjustments to its portfolio based on analysis of macroeconomic indicators, interest rates, and currency trends. It may employ a fund of funds approach, selectively investing in equity ETFs to implement its strategy. The selection process prioritizes countries and sectors that are poised for near-term appreciation according to the fund advisers economic and market assessments.


Classification

Keywords: Investment Management Fund Of Funds

Is EDGI 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 24.89
52 Week Low 23.07
Average Volume 62,948
200-Day Moving Average 0.00
50-Day Moving Average 0.00
20-Day Moving Average 23.76
10-Day Moving Average 23.45
Average True Range 0.19
RSI (14) 31.97
ADX 27.51
+DI 25.63
-DI 52.01
Chandelier Exit (Long, 3 ATRs) 23.82
Chandelier Exit (Short, 3 ATRs) 23.64
Upper Bollinger Bands 24.60
Lower Bollinger Band 22.92
Percent B (%b) 0.15
BandWidth 7.06
MACD Line -0.37
MACD Signal Line -0.33
MACD Histogram -0.0472
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 23.33
Resistance 3 (R3) 23.32 23.25 23.31
Resistance 2 (R2) 23.25 23.21 23.25 23.30
Resistance 1 (R1) 23.21 23.18 23.23 23.23 23.29
Pivot Point 23.14 23.14 23.15 23.15 23.14
Support 1 (S1) 23.11 23.10 23.12 23.12 23.06
Support 2 (S2) 23.03 23.08 23.04 23.05
Support 3 (S3) 23.00 23.03 23.04
Support 4 (S4) 23.02