| EDC latest price $48.7600 (-5.21%) ($48.6000 - $50.0800) on Wed. Mar. 23, 2016. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 5.14% (three month average) |
RSI | 64 |
Latest Price | $48.7600(-5.21%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EDC advances 0.5% a day on average for past five trading days. |
Weekly Trend | EDC advances 6.5% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support EDC advance at 0% a week (0% probability) EEM(99%) VWO(92%) EWY(87%) MCHI(87%) FXI(86%) |
Factors Impacting EDC price | EDC will decline at least -2.57% in a week (0% probabilities). VIXM(-29%) UUP(-22%) TLT(-16%) IPO(-2%) SHY(-1%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.57% (StdDev 5.14%) |
Hourly BBV | 0 () |
Intraday Trend | -2.6% |
| |
|
|