| EDC latest price $55.8900 (-2.02%) ($54.5300 - $57.1100) on Fri. Jul. 31, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.59% (three month average) |
RSI | 54 |
Latest Price | $55.8900(-2.02%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EDC advances 0.2% a day on average for past five trading days. |
Weekly Trend | EDC advances 2.5% a week on average for past two weeks. |
Market Behavior | Growth stock rally 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(88%) FXI(86%) EWY(81%) KWEB(81%) |
Factors Impacting EDC price | EDC will decline at least -2.295% in a week (0% probabilities). VIXM(-42%) UUP(-34%) VXX(-17%) IGOV(-2%) TLT(-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 | -2.295% (StdDev 4.59%) |
Hourly BBV | 0 () |
Intraday Trend | -2.1% |
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