| EDC latest price $78.5400 (1.29%) ($78.2500 - $78.9000) on Mon. Jul. 15, 2019. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.93% (three month average) |
RSI | 53 |
Latest Price | $78.5400(1.29%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EDC advances 0.5% a day on average for past five trading days. |
Weekly Trend | EDC advances 0.1% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Value stock 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 -1.465% in a week (0% probabilities). VIXM(-55%) VXX(-27%) UUP(-18%) TLT(-17%) IFRA(-10%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.465% (StdDev 2.93%) |
Hourly BBV | 0 () |
Intraday Trend | 0.1% |
| |
|
|