| EDC latest price $63.4500 (2.26%) ($62.2810 - $63.6500) on Thu. Oct. 8, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.07% (three month average) |
RSI | 56 |
Latest Price | $63.4500(2.26%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EDC advances 1.4% a day on average for past five trading days. |
Weekly Trend | EDC advances 3.9% 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 -1.535% in a week (0% probabilities). VIXM(-42%) UUP(-33%) VXX(-17%) EDOC(-3%) 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 | -1.535% (StdDev 3.07%) |
Hourly BBV | 0 () |
Intraday Trend | 1.2% |
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