| EDC latest price $61.0900 (3.44%) ($60.6553 - $61.8950) on Wed. Aug. 5, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.57% (three month average) |
RSI | 69 |
Latest Price | $61.0900(3.44%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EDC advances 0.6% a day on average for past five trading days. |
Weekly Trend | EDC advances 2.2% 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(86%) EWY(81%) KWEB(81%) |
Factors Impacting EDC price | EDC will decline at least -2.285% 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 | -2.285% (StdDev 4.57%) |
Hourly BBV | 0 () |
Intraday Trend | 0.6% |
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