EDV Vanguard Extended Duration Trs ETF Forecast, Technical & Fundamental Analysis
EDV's RSI Oscillator remains in oversold zone for 2 days
It is expected that a price bounce should occur soon.
Technical Analysis (Indicators)
Bullish Trend Analysis
Bearish Trend Analysis
The 10-day moving average for EDV crossed bearishly below the 50-day moving average on December 19, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In of 14 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 EDV 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 EDV entered a downward trend on January 08, 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.
General Information
Category LongGovernment
EDV and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, EDV has been closely correlated with TLT. These tickers have moved in lockstep 99% of the time. This A.I.-generated data suggests there is a high statistical probability that if EDV jumps, then TLT could also see price increases.
| Ticker / NAME | Correlation To EDV | 1D Price Change % | ||
|---|---|---|---|---|
| EDV | 100% | +0.13% | ||
| TLT - EDV | 99% Closely correlated | +0.17% | ||
| VGLT - EDV | 99% Closely correlated | +0.13% | ||
| SPTL - EDV | 99% Closely correlated | +0.15% | ||
| TLH - EDV | 98% Closely correlated | +0.13% | ||
| IEF - EDV | 93% Closely correlated | +0.08% |