Largest Positive Opening Gaps for EDZ

How does EDZ usually behave after a large gap-up move?

Using the 12 largest gap-up moves over the last 3 years in EDZ stock, the average move was +8.1% with the single largest opening gap of +16.2% occurring on 5-Aug-2024. Following the opening, EDZ tended to drift lower to the closing price 67% of the time for an average loss of -0.8%. The following day, EDZ stock price averaged +1.1% gains, with down moves exceeding up moves. The stock was down 58% of the time in that period one day after these significant gaps.

Catalysts

1 of EDZ's 12 largest moves corresponded with a large gap up in the overall market.

Open-to-High and Open-to-Low

The largest percentage gain from the open to the high of the day was +7.4% on 4-Apr-2025, while the biggest drop from the open to the low was -11.2% on 7-Apr-2025. On average, the EDZ stock price gain from the opening price to the highest point of the day was +1.4%, and the average drop to the lowest point was -3.0%.

Day Drift Open-to-Close

The best performance in EDZ stock price from opening price to closing price (referred to as the "drift" for the day) was on 4-Apr-2025 for a +4.6% gain after the stock gapped up +11.6% at the open. The worst worst return from the opening price to the closing price was on 5-Aug-2024 when the stock lost -6.5% after the stock gapped up +16.2%. Overall in the 12 available observations, the stock drifted lower 67% of the time for an average loss of -0.8%.