| EDC latest price $57.6400 (1.55%) ($55.0000 - $57.8099) on Thu. Dec. 8, 2016. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.95% (three month average) |
RSI | 72 |
Latest Price | $57.6400(1.55%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EDC advances 2.1% a day on average for past five trading days. |
Weekly Trend | EDC advances 3.2% 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 -1.975% in a week (0% probabilities). VIXM(-25%) UUP(-20%) TLT(-17%) SHY(-1%) IPO(-1%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.975% (StdDev 3.95%) |
Hourly BBV | 0 () |
Intraday Trend | 2.3% |
| |
|
|