| EDC latest price $51.8900 (-3.14%) ($50.9701 - $52.1000) on Wed. Nov. 23, 2016. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.01% (three month average) |
RSI | 42 |
Latest Price | $51.8900(-3.14%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EDC advances 0.7% a day on average for past five trading days. |
Weekly Trend | EDC declines -7.2% a week on average for past two weeks. |
Market Behavior | Value stock 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(91%) MCHI(87%) EWY(86%) FXI(86%) |
Factors Impacting EDC price | EDC will decline at least -2.005% in a week (0% probabilities). VIXM(-25%) UUP(-20%) TLT(-16%) SHY(-1%) XHB(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 | -2.005% (StdDev 4.01%) |
Hourly BBV | 0 () |
Intraday Trend | 1.1% |
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