| EDC latest price $59.3699 (-3.78%) ($57.7649 - $61.7900) on Mon. Aug. 12, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.15% (three month average) |
RSI | 21 |
Latest Price | $59.3699(-3.78%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EDC advances 0.4% a day on average for past five trading days. |
Weekly Trend | EDC declines -10.8% 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 -1.575% 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. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -1.575% (StdDev 3.15%) |
Hourly BBV | 0 () |
Intraday Trend | 2.2% |
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