| EDC latest price $66.4600 (1.23%) ($64.4800 - $66.6700) on Fri. May. 31, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.09% (three month average) |
RSI | 36 |
Latest Price | $66.4600(1.23%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EDC advances 1.2% a day on average for past five trading days. |
Weekly Trend | EDC declines -3.2% a week on average for past two weeks. |
Market Behavior | Broad based 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(89%) EWY(87%) FXI(86%) MCHI(86%) |
Factors Impacting EDC price | EDC will decline at least -1.545% in a week (0% probabilities). VXX(-27%) UUP(-18%) TLT(-17%) VIXM(-14%) IFRA(-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 | -1.545% (StdDev 3.09%) |
Hourly BBV | 0 () |
Intraday Trend | 2.8% |
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