| EDC latest price $77.9900 (4.36%) ($75.9400 - $78.2199) on Wed. Dec. 11, 2019. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.08% (three month average) |
RSI | 58 |
Latest Price | $77.9900(4.36%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EDC advances 1.4% a day on average for past five trading days. |
Weekly Trend | EDC advances 0.2% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support EDC advance at 0% a week (0% probability) EEM(99%) VWO(88%) EWY(87%) FXI(86%) MCHI(86%) |
Factors Impacting EDC price | EDC will decline at least -1.04% in a week (0% probabilities). VIXM(-54%) VXX(-26%) UUP(-18%) TLT(-16%) IGOV(-4%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.04% (StdDev 2.08%) |
Hourly BBV | 0 () |
Intraday Trend | 2.7% |
| |
|
|