Technical Analysis for EDOW - First Trust Dow 30 Equal Weight ETF

Grade Last Price % Change Price Change
grade A 25.4882 0.74% 0.19
EDOW closed up 0.74 percent on Friday, November 15, 2019, on 4 percent of normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. The bulls were able to push the stock to a new 52-week high. Due to the stock's strong uptrend, it may remain overbought for a while. So, if you're looking for a reason to sell, don't put too much weight on it being overbought.

Trend Table & Recent Signals
ADX Long-Term Intermediate-Term Short-Term
Strong Up Up Up
See historical EDOW trend table...

Date Alert Name Type % Chg
New 52 Week Closing High Bullish 0.00%
Narrow Range Bar Range Contraction 0.00%
NR7 Range Contraction 0.00%
New 52 Week High Strength 0.00%
Gapped Up Strength 0.00%
Overbought Stochastic Strength 0.00%
Non-ADX 1,2,3,4 Bullish Bullish Swing Setup 0.74%
Overbought Stochastic Strength 0.74%
New 52 Week Closing High Bullish 0.41%
180 Bullish Setup Bullish Swing Setup 0.41%

Older signals for EDOW ...

Get a Trading Assistant

Let us help you stay on top of your investments. We will alert you to important technical developments on your portfolio & watchlist.
Configure default chart indicators
Basic chart:
Profile
The investment seeks investment results that correspond generally to the price and yield of an equity index called the Dow Jones Industrial Average Equal Weight Index. The fund will normally invest at least 90% of its net assets (including investment borrowings) in common stocks that comprise the index. The index consists of an equally weighted portfolio of the 30 securities that comprise the Dow Jones Industrial Average (TM) (the "DJIA"). The 30 securities comprising the DJIA are domestic, blue-chip companies covering all industries, with the exception of transportation and utilities. The fund is non-diversified.
Stock Market Index Transportation S&P Dow Jones Indices Dow Jones & Company Dow Jones Industrial Average Index Dow Jones Industrial Average
Is EDOW a Buy, Sell or Hold?
Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength
Summary: Counts: 4 bullish, 0 bearish and 1 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 25.4882
52 Week Low 20.07
Average Volume 40,617
200-Day Moving Average 24.1059
50-Day Moving Average 24.665
20-Day Moving Average 24.9811
10-Day Moving Average 25.2835
Average True Range 0.1694
ADX 29.08
+DI 42.9843
-DI 14.8415
Chandelier Exit (Long, 3 ATRs ) 24.98
Chandelier Exit (Short, 3 ATRs ) 24.8982
Upper Bollinger Band 25.6523
Lower Bollinger Band 24.3099
Percent B (%b) 0.88
BandWidth 5.373662
MACD Line 0.2573
MACD Signal Line 0.225
MACD Histogram 0.0323
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 25.58
Resistance 3 (R3) 25.57 25.53 25.56
Resistance 2 (R2) 25.53 25.50 25.53 25.56
Resistance 1 (R1) 25.51 25.49 25.52 25.52 25.55
Pivot Point 25.47 25.47 25.47 25.47 25.47
Support 1 (S1) 25.45 25.45 25.46 25.46 25.43
Support 2 (S2) 25.41 25.43 25.42 25.42
Support 3 (S3) 25.39 25.41 25.42
Support 4 (S4) 25.40