| EDC latest price $55.6400 (12.88%) ($54.3600 - $55.7000) on Mon. Jul. 6, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.2% (three month average) |
RSI | 80 |
Latest Price | $55.6400(12.88%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EDC advances 4.8% a day on average for past five trading days. |
Weekly Trend | EDC advances 4.8% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support EDC advance at 0% a week (0% probability) EEM(99%) MCHI(88%) FXI(87%) EWY(81%) KWEB(81%) |
Factors Impacting EDC price | EDC will decline at least -2.6% in a week (0% probabilities). VIXM(-41%) UUP(-34%) VXX(-17%) TLT(-2%) IYT(-1%) |
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 | -2.6% (StdDev 5.2%) |
Hourly BBV | 0 () |
Intraday Trend | 2.2% |
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