| EDC latest price $87.6900 (1.7%) ($86.8700 - $87.7200) on Wed. Dec. 18, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.16% (three month average) |
RSI | 72 |
Latest Price | $87.6900(1.7%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EDC advances 2.4% a day on average for past five trading days. |
Weekly Trend | EDC advances 8.1% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Value stock rally 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 -1.08% 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. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -1.08% (StdDev 2.16%) |
Hourly BBV | 0 () |
Intraday Trend | 0.2% |
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