| EDC latest price $50.3000 (2.42%) ($49.0300 - $50.6900) on Tue. Jun. 21, 2016. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.37% (three month average) |
RSI | 61 |
Latest Price | $50.3000(2.42%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EDC advances 2.1% a day on average for past five trading days. |
Weekly Trend | EDC declines -1.6% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Growth stock 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 -1.685% in a week (0% probabilities). VIXM(-28%) UUP(-22%) TLT(-16%) IPO(-3%) SHY(-1%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -1.685% (StdDev 3.37%) |
Hourly BBV | 0 () |
Intraday Trend | 1% |
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