| EDC latest price $27.7200 (-16.33%) ($27.1300 - $29.2600) on Fri. Mar. 27, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 9.73% (three month average) |
RSI | 42 |
Latest Price | $27.7200(-16.33%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EDC advances 2.6% a day on average for past five trading days. |
Weekly Trend | EDC declines -23.4% 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%) FXI(86%) MCHI(86%) VWO(85%) EWY(84%) |
Factors Impacting EDC price | EDC will decline at least -4.865% in a week (0% probabilities). VIXM(-47%) UUP(-35%) VXX(-21%) TLT(-5%) 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 | -4.865% (StdDev 9.73%) |
Hourly BBV | 0 () |
Intraday Trend | -0.9% |
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