| EDC latest price $36.0700 (-2.49%) ($36.0700 - $37.4300) on Tue. May. 19, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 10.39% (three month average) |
RSI | 46 |
Latest Price | $36.0700(-2.49%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EDC advances 1% a day on average for past five trading days. |
Weekly Trend | EDC advances 1.8% a week on average for past two weeks. |
Market Behavior | Value stocks 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%) MCHI(87%) FXI(86%) EWY(82%) VWO(82%) |
Factors Impacting EDC price | EDC will decline at least -5.195% in a week (0% probabilities). VIXM(-44%) UUP(-35%) VXX(-19%) TLT(-4%) UNG(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 | -5.195% (StdDev 10.39%) |
Hourly BBV | 0 () |
Intraday Trend | -2.2% |
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