| EDC latest price $74.9600 (5.58%) ($72.5000 - $75.2700) on Wed. Nov. 7, 2018. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.33% (three month average) |
RSI | 62 |
Latest Price | $74.9600(5.58%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EDC advances 3.5% a day on average for past five trading days. |
Weekly Trend | EDC advances 6.2% 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(90%) EWY(87%) MCHI(87%) FXI(86%) |
Factors Impacting EDC price | EDC will decline at least -2.165% in a week (0% probabilities). VXX(-21%) UUP(-19%) TLT(-18%) VIXM(-17%) DIA(-10%) |
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 | -2.165% (StdDev 4.33%) |
Hourly BBV | 0 () |
Intraday Trend | 1.5% |
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