| EDC latest price $61.2500 (-0.49%) ($60.2400 - $61.8467) on Tue. Aug. 18, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.37% (three month average) |
RSI | 55 |
Latest Price | $61.2500(-0.49%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EDC advances 1.1% a day on average for past five trading days. |
Weekly Trend | EDC advances 2.3% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Value stock 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 -2.185% in a week (0% probabilities). VIXM(-42%) UUP(-33%) VXX(-17%) IGOV(-3%) IYT(-2%) |
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 | -2.185% (StdDev 4.37%) |
Hourly BBV | 0 () |
Intraday Trend | -0.5% |
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