| EDC latest price $64.8500 (2.21%) ($63.4400 - $65.2900) on Fri. Oct. 9, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.08% (three month average) |
RSI | 64 |
Latest Price | $64.8500(2.21%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EDC advances 2.5% a day on average for past five trading days. |
Weekly Trend | EDC advances 6.3% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Growth stock 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 -1.54% in a week (0% probabilities). VIXM(-42%) UUP(-33%) VXX(-17%) IGOV(-8%) EDOC(-3%) |
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 | -1.54% (StdDev 3.08%) |
Hourly BBV | 0 () |
Intraday Trend | 1.4% |
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