|
|
Archive
- 5/29/2026 -
Sign In to see current Signals. |
WisdomTree Emerging Markets Local Debt Fund (ELD) Technical Analysis
|
 |
| Summary:
| | Weekly : | | Daily :
Move cursor over the icon to see details.
| | It was the negative week for the WisdomTree Emerging Markets Local Debt Fund (ELD). During the week, the ELD gave back -0.01 points, or -0.03%, and closed at 28.62 on Friday, May 29, 2026. Weekly volume was 128% above average.
 Long-term trend: [See ELD long-term trend chart]
A long-term uptrend had started on October 31, 2022 at 23.79 and reached 30.29 on February 19, 2026. ELD gained -6.50 points, or -27.32%, in 172 weeks. The chart has formed a Rectangle chart pattern. The price is near the trend resistance line (28.42). The resistance is usually stronger when technical indicators are overbought. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with price testing the trend resistance line in a long-term trend.
 Medium-term trend: [See ELD medium-term trend chart]
A medium-term uptrend had started on July 8, 2024 at 25.00 and reached 30.29 on February 19, 2026. ELD gained -5.29 points, or -21.16%, in 84 weeks. The chart has formed a Broadening Right-Angled, Ascending Wedge chart pattern. The trend support level is at 25.22 and resistance is at 30.66. A Broadening Ascending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Right-Angled, Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Right-Angled, Ascending Wedge pattern in a medium-term trend.
 Weekly Technical Indicators: [See ELD weekly technical indicators chart]
Weekly technical indicators are neutral.
The weekly MACD line is below its signal line since February 27, 2026. Use the following link to access a MACD help.
 Short-term trend: [See ELD short-term trend chart]
A short-term uptrend had started on March 3, 2026 at 27.12 and reached 29.55 on April 17, 2026. ELD gained -2.43 points, or -8.96%, in 45 days. Price is near the Fibonacci 38.2% retracement level. The Fibonacci retracement level is considered a support/resistance level.
Daily Technical Indicators: [See ELD daily technical indicators chart]
Daily technical indicators are neutral.
During the last week, daily MACD line has moved above its signal line. Such crossover is considered a bullish signal.
Price is close to the 50 Day Moving Average. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.
| |
|
|