| EDC latest price $55.0500 (0.47%) ($52.4700 - $55.3900) on Tue. Jul. 14, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.24% (three month average) |
RSI | 65 |
Latest Price | $55.0500(0.47%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EDC advances 0.8% a day on average for past five trading days. |
Weekly Trend | EDC advances 10.7% a week on average for past two weeks. |
Market Behavior | Broad based 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(88%) FXI(87%) EWY(81%) KWEB(81%) |
Factors Impacting EDC price | EDC will decline at least -2.62% in a week (0% probabilities). VIXM(-42%) 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 | -2.62% (StdDev 5.24%) |
Hourly BBV | 0 () |
Intraday Trend | 4.1% |
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