| EDC latest price $120.1600 (0.9%) ($118.5600 - $120.7600) on Thu. Jan. 21, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.37% (three month average) |
RSI | 78 |
Latest Price | $120.1600(0.9%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EDC advances 1.8% a day on average for past five trading days. |
Weekly Trend | EDC advances 8.6% a week on average for past two weeks. |
Market Behavior | Rotation from value to growth 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%) KWEB(82%) EWY(81%) |
Factors Impacting EDC price | EDC will decline at least -1.685% in a week (0% probabilities). VIXM(-41%) UUP(-32%) VXX(-16%) TLT(-1%) TBT(-0%) |
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 | -1.685% (StdDev 3.37%) |
Hourly BBV | 1 () |
Intraday Trend | -0.5% |
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