EDC Stock Direxion Daily MSCI Em Mkts Bull 3X ETF (EDC, $26.06) Moving Average Convergence Divergence (MACD) Histogram turned positive on April 21, 2025

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EDC - Direxion Daily MSCI Em Mkts Bull 3X ETF

MACD signal

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Odds of UP Trend

Price: $26.06

Daily change: -$0.01 (-0.04%)

Daily volume: 90.1K

Net Assets: $56.8M

EDC's Stochastic Oscillator is sitting in overbought zone for 1 day

Expect a price pull-back in the near future.

Technical Analysis (Indicators)

Bearish Trend Analysis

EDC moved below its 50-day moving average on March 28, 2025 date and that indicates a change from an upward trend to a downward trend.

The 10-day moving average for EDC crossed bearishly below the 50-day moving average on April 04, 2025. This indicates that the trend has shifted lower and could be considered a sell signal. In of 19 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are .

Following a 3-day decline, the stock is projected to fall further. Considering past instances where EDC declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

The Aroon Indicator for EDC entered a downward trend on April 17, 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 Oscillator points to a transition from a downward trend to an upward trend -- in cases where EDC's RSI Indicator exited the oversold zone, of 29 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

The Momentum Indicator moved above the 0 level on April 21, 2025. You may want to consider a long position or call options on EDC as a result. In of 85 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 EDC just turned positive on April 21, 2025. Looking at past instances where EDC's MACD turned positive, the stock continued to rise in of 50 cases over the following month. The odds of a continued upward trend are .

Following a +1 3-day Advance, the price is estimated to grow further. Considering data from situations where EDC advanced for three days, in of 313 cases, the price rose further within the following month. The odds of a continued upward trend are .

EDC may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.