| EDC latest price $64.1200 (-3.88%) ($62.7300 - $65.4200) on Mon. Oct. 26, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.05% (three month average) |
RSI | 65 |
Latest Price | $64.1200(-3.88%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EDC advances 0.4% a day on average for past five trading days. |
Weekly Trend | EDC advances 1.6% a week on average for past two weeks. |
Market Behavior | Broad based sell-off 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(87%) EWY(81%) KWEB(81%) |
Factors Impacting EDC price | EDC will decline at least -1.525% in a week (0% probabilities). VIXM(-42%) UUP(-33%) VXX(-17%) EDOC(-4%) 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 | -1.525% (StdDev 3.05%) |
Hourly BBV | 0 () |
Intraday Trend | -0.4% |
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