| EDC latest price $61.8700 (4.46%) ($60.3700 - $61.9500) on Mon. Jan. 23, 2017. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.42% (three month average) |
RSI | 83 |
Latest Price | $61.8700(4.46%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EDC advances 0.4% a day on average for past five trading days. |
Weekly Trend | EDC advances 3.6% a week on average for past two weeks. |
Market Behavior | Value stocks 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(91%) MCHI(87%) EWY(86%) FXI(86%) |
Factors Impacting EDC price | EDC will decline at least -1.71% in a week (0% probabilities). VIXM(-25%) UUP(-20%) TLT(-17%) SHY(-2%) IPO(-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 | -1.71% (StdDev 3.42%) |
Hourly BBV | 0 () |
Intraday Trend | 2.3% |
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