| EDC latest price $34.4100 (6.5%) ($33.9500 - $35.2000) on Tue. Apr. 14, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 10.18% (three month average) |
RSI | 64 |
Latest Price | $34.4100(6.5%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EDC advances 2.1% a day on average for past five trading days. |
Weekly Trend | EDC advances 6.3% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support EDC advance at 0% a week (0% probability) EEM(99%) MCHI(87%) FXI(86%) EWY(83%) VWO(83%) |
Factors Impacting EDC price | EDC will decline at least -5.09% in a week (0% probabilities). VIXM(-46%) UUP(-34%) VXX(-20%) TLT(-6%) IGOV(2%) |
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 | -5.09% (StdDev 10.18%) |
Hourly BBV | 0 () |
Intraday Trend | -0.4% |
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