| EDC latest price $78.1200 (4.16%) ($77.2400 - $78.6499) on Fri. Jan. 25, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.2% (three month average) |
RSI | 75 |
Latest Price | $78.1200(4.16%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EDC advances 1.2% a day on average for past five trading days. |
Weekly Trend | EDC advances 4.6% 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(89%) EWY(87%) MCHI(87%) FXI(86%) |
Factors Impacting EDC price | EDC will decline at least -2.1% in a week (0% probabilities). VXX(-21%) UUP(-19%) TLT(-17%) VIXM(-16%) XHB(-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 | -2.1% (StdDev 4.2%) |
Hourly BBV | 0 () |
Intraday Trend | 0.8% |
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