Trading Signals: EDC Stock Price Prediction and Forecast

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Mon. Jun. 8, 2020

Trading Signals: EDC Stock Price Prediction and Forecast (Mon. Dec. 28, 2015 - Fri. Dec. 22, 2023)

(Direxion Daily MSCI Emerging Markets Bull 3X Shares)
EDC latest price $48.6200 (1.93%) ($46.4800 - $48.6910) on Mon. Jun. 8, 2020.

Trend Analysis and Forecast

Average Daily Percentage Swing   10.35% (three month average)
RSI   71
Latest Price   $48.6200(1.93%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   EDC advances 3.7% a day on average for past five trading days.
Weekly Trend   EDC advances 14% a week on average for past two weeks.
Market Behavior   Value stock rally for large cap. Broad based 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(81%)    VWO(81%)
Factors Impacting EDC price   EDC will decline at least -5.175% in a week (0% probabilities).
VIXM(-44%)    UUP(-34%)    VXX(-19%)    TLT(-4%)    TBT(3%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -5.175% (StdDev 10.35%)
Hourly BBV 0 ()
Intraday Trend 2.8%

5 Day Moving Average   $45.99(5.72%)
10 Day Moving Average   $41.94(15.93%)
20 Day Moving Average   $38.7(25.63%)
To recent high   -13.6%
To recent low   119.1%
Market Cap   $N/A

$. EDC price fluctuates within 12.2% (three month std-dev: 10.35%) daily (68% of days).

Sample size 46 Average positive next day return: 4.54%(63%) Average negative next day return: -2.78%(37%) Sample size 46 Average positive next three day return: 6.81%(57%) Average negative next three day return: -5.5%(43%) Sample size 46 Average positive next weekly return: 6.47%(50%) Average negative next weekly return: -7.4%(50%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

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i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD
1	Jun_8_2020	49.06	38.7	41.94	45.99	46.41	47.81	48.62(1.93%)	UT	OpenLong	75	0.6	37	240	19	89	0.3	43%	-1.01	76.6	10.35%	0	2.1	71	1.6
2	Jun_5_2020	49.56	38	40.48	44.33	45.09	46.12	47.7(7.87%)	UT	OpenLong	75	0.8	36	210	21	79	0.49	41%	-0.98	80.6	10.38%	0	2.3	75	2
3	Jun_4_2020	50.05	37.25	39.29	42.27	43	45.01	44.22(-4.2%)	UD	OpenLong	75	0.5	30	380	18	64	0.51	42%	-1.03	73.5	10.36%	0	2	68	1.6
4	Jun_3_2020	50.57	36.65	38.57	40.61	41.14	44.06	46.16(6.75%)	UT	OpenLong	75	1.7	38	540	31	60	0.63	42%	-1	57.3	10.36%	0	2.9	72	1.7
5	Jun_2_2020	51.08	35.96	37.49	38.71	38.88	41	43.24(7.27%)	UT	OpenLong	75	1.8	30	390	25	44	0.6	43%	-1.1	49.9	10.33%	0	2.9	69	1.3

6	Jun_1_2020	51.65	35.39	36.79	37.33	37.35	38.22	40.31(7.75%)	UT	OpenLong	75	1.5	20	160	16	32	0.45	43%	-1.05	39.4	10.31%	0	2.5	63	1
7	May_29_2020	52.2	34.94	36.07	36.09	36.7	36.76	37.41(4.09%)	UT	OpenLong	75	0.8	6	60	4	12	0.47	43%	-1.06	20.9	10.35%	0	1.4	56	1.3
8	May_28_2020	52.76	34.82	35.79	35.86	36.7	36.49	35.94(-1.99%)	UD	OpenLong	65	0	1	100	-2	10	0.35	43%	-1.05	26.3	10.42%	0	0.7	59	0.9
9	May_27_2020	53.32	34.87	35.63	36.17	36.03	36.65	36.67(0.96%)	UT	OpenLong	75	0.3	8	110	5	18	0.36	42%	-1	42.7	10.41%	0	1	63	1.5
10	May_26_2020	53.86	34.76	35.41	36.05	36.35	35.58	36.32(6.54%)	UT	OpenLong	75	0.2	5	-120	0	18	0.39	42%	-1.66	54.2	10.44%	0	0.9	61	1.3

11	May_22_2020	54.77	34.65	35.26	36.18	36.28	35.41	34.09(-6.09%)	N/A	N/A	0	-1.3	-2	-160	-9	20	0.44	41%	-1.12	60.8	10.34%	0	-0.3	58	1.2
12	May_21_2020	55.39	34.58	35.41	36	36.81	37.13	36.3(-3.1%)	UD	OpenLong	75	0.2	11	130	4	31	0.31	41%	-0.34	50.9	10.39%	0	1	69	1.1
13	May_20_2020	55.58	34.39	35.13	35.66	35.95	37.15	37.46(3.85%)	UT	OpenLong	75	1.1	15	260	10	28	0.42	40%	-0.96	47	10.39%	0	1.8	56	1.5
14	May_19_2020	56.12	34.15	34.64	35.02	34.86	36.49	36.07(-2.49%)	UD	OpenLong	75	0.6	13	310	12	15	0.44	40%	-0.95	38	10.39%	0	1.1	46	0.9
15	May_18_2020	56.66	33.87	34.33	34.69	34.41	34.75	36.99(11.52%)	UT	OpenLong	75	1.4	10	40	10	9	0.42	40%	-0.98	23.2	10.39%	0	1.9	56	1.4

16	May_15_2020	57.22	33.66	33.87	34.27	34.12	33.24	33.17(-4.22%)	DT	OpenShort	-75	-0.7	-7	-190	-8	-5	0.3	38%	-1	20.2	10.27%	0	-0.3	49	1
17	May_14_2020	57.8	33.73	33.72	34.74	34.59	34.07	34.63(1.17%)	DP	OpenShort	-75	-0.1	-4	-120	-5	-1	0.28	38%	-0.43	35.4	10.35%	0	0.6	58	0.8
18	May_13_2020	58.05	33.61	33.76	34.5	35.05	35.01	34.23(-0.64%)	UD	OpenLong	75	-0.2	3	40	2	4	0.34	37%	-0.94	30	10.34%	0	0.4	57	0.1
19	May_12_2020	58.6	33.5	33.76	34.18	34.71	35.12	34.45(-1.18%)	UD	OpenLong	75	0.2	4	130	3	8	0.23	38%	-0.96	25.8	10.35%	0	0.6	57	1.2
20	May_11_2020	59.17	33.49	34.04	33.88	34.18	35.08	34.86(-1.86%)	UD	OpenLong	75	0.6	10	210	8	14	0.22	39%	-0.92	30.3	10.37%	0	0.9	65	2.3

21	May_8_2020	59.72	33.36	33.97	33.4	33.74	34.31	35.52(6.28%)	UT	OpenLong	75	1.3	12	150	12	13	0.29	39%	-0.91	38.2	10.31%	0	1.4	56	2
22	May_7_2020	60.27	33.19	33.66	32.58	32.96	33.27	33.42(2.42%)	DP	OpenShort	-75	0.6	-2	100	-1	-3	0.23	38%	-0.92	36.9	10.35%	0	0.2	49	1.4
23	May_6_2020	60.83	33.14	33.58	32.95	32.6	33.18	32.63(-1%)	N/A	N/A	0	-0.2	-4	90	-5	-0	0.21	38%	-0.91	64.7	10.36%	0	-0.3	53	0.8
24	May_5_2020	61.39	33.1	33.62	33.92	33.34	32.65	32.96(1.48%)	UD	OpenLong	65	-0.6	2	-200	-1	12	0.24	38%	-0.86	88.6	10.36%	0	-0.1	55	1.1
25	May_4_2020	61.92	33.01	33.4	34.24	34.26	32.02	32.48(3.37%)	N/A	N/A	0	-1.1	-10	-460	-14	4	0.19	40%		98.6	10.36%	0	-0.3	48	0.5
i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD

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