| EDC latest price $54.3100 (7.54%) ($52.0400 - $54.3410) on Thu. Jun. 23, 2016. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.43% (three month average) |
RSI | 60 |
Latest Price | $54.3100(7.54%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EDC advances 3.3% a day on average for past five trading days. |
Weekly Trend | EDC declines -1% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally 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 -1.715% 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 | -1.715% (StdDev 3.43%) |
Hourly BBV | 0 () |
Intraday Trend | 3.1% |
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