| EDC latest price $90.9600 (1.22%) ($90.2200 - $91.6300) on Fri. Dec. 27, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.07% (three month average) |
RSI | 91 |
Latest Price | $90.9600(1.22%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EDC advances 0.7% a day on average for past five trading days. |
Weekly Trend | EDC advances 7.4% a week on average for past two weeks. |
Market Behavior | Normal 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(88%) EWY(87%) FXI(86%) MCHI(86%) |
Factors Impacting EDC price | EDC will decline at least -1.035% 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 | -1.035% (StdDev 2.07%) |
Hourly BBV | 0 () |
Intraday Trend | -0.5% |
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