| EDC latest price $56.8600 (7.42%) ($54.8400 - $56.9700) on Wed. Jul. 8, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.31% (three month average) |
RSI | 74 |
Latest Price | $56.8600(7.42%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EDC advances 5% a day on average for past five trading days. |
Weekly Trend | EDC advances 7.9% a week on average for past two weeks. |
Market Behavior | Growth stock 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(88%) FXI(87%) EWY(81%) KWEB(81%) |
Factors Impacting EDC price | EDC will decline at least -2.655% 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 | -2.655% (StdDev 5.31%) |
Hourly BBV | 0 () |
Intraday Trend | 3.3% |
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