| EDC latest price $87.8800 (-0.73%) ($87.4600 - $88.2980) on Tue. Dec. 24, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.11% (three month average) |
RSI | 92 |
Latest Price | $87.8800(-0.73%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EDC advances 0.4% a day on average for past five trading days. |
Weekly Trend | EDC advances 8.8% a week on average for past two weeks. |
Market Behavior | Normal 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 -1.055% in a week (0% probabilities). VIXM(-54%) VXX(-26%) UUP(-18%) TLT(-16%) SHY(5%) |
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 | -1.055% (StdDev 2.11%) |
Hourly BBV | 0 () |
Intraday Trend | -0.3% |
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