Trading Signals: EDC Stock Price Prediction and Forecast

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Mon. Jan. 25, 2021

Trading Signals: EDC Stock Price Prediction and Forecast (Mon. Dec. 28, 2015 - Fri. Dec. 22, 2023)

(Direxion Daily MSCI Emerging Markets Bull 3X Shares)
EDC latest price $119.4400 (2.24%) ($116.2600 - $121.1200) on Mon. Jan. 25, 2021.

Trend Analysis and Forecast

Average Daily Percentage Swing   3.4% (three month average)
RSI   74
Latest Price   $119.4400(2.24%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   EDC advances 2% a day on average for past five trading days.
Weekly Trend   EDC advances 7.5% a week on average for past two weeks.
Market Behavior   Growth stock rally for large cap. Normal 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 -1.7% in a week (0% probabilities).
VIXM(-41%)    UUP(-32%)    VXX(-16%)    TLT(-0%)    TBT(-0%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.7% (StdDev 3.4%)
Hourly BBV 0.3 ()
Intraday Trend -1.1%

5 Day Moving Average   $117.76(1.43%)
10 Day Moving Average   $113.74(5.01%)
20 Day Moving Average   $105.31(13.42%)
To recent high   -0.6%
To recent low   100.8%
Market Cap   $N/A

$. EDC price fluctuates within 9.63% (three month std-dev: 3.4%) daily (68% of days).

Sample size 9 Average positive next day return: 2.63%(67%) Average negative next day return: -2.23%(33%) Sample size 9 Average positive next three day return: 7.19%(33%) Average negative next three day return: -2.97%(67%) Sample size 9 Average positive next weekly return: 4.5%(56%) Average negative next weekly return: -2.71%(44%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20210225

i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD
1	Jan_25_2021	77.26	105.31	113.74	117.76	118.55	117.63	119.44(2.24%)	UT	OpenLong	75	0.2	49	-30	19	140	0.24	68%	0.82	81.7	3.4%	0.3	1.4	74	0.8
2	Jan_22_2021	76.63	103.68	112.78	115.46	117.18	117.96	116.82(-2.78%)	UT	HoldLong	50	0.1	34	90	-2	140	0.69	68%	0.79	76.6	3.4%	-0.9	1.3	74	1.5
3	Jan_21_2021	76.03	102.07	111.36	114.64	115.36	119.47	120.16(0.9%)	UT	HoldLong	65	0.5	99	270	71	182	0.13	68%	0.78	70	3.37%	1	1.7	78	1.8
4	Jan_20_2021	75.44	100.34	109.28	112.57	113.68	116.41	119.09(5.14%)	UT	HoldLong	65	0.6	130	200	107	197	0.29	69%	0.79	66.6	3.37%	1.3	1.9	79	1.7
5	Jan_19_2021	74.85	98.82	107.52	110.59	111.39	111.26	113.27(4.91%)	UT	HoldLong	65	0.3	64	10	25	179	0.3	68%	0.88	64.6	3.34%	0.6	1.5	80	1.3

6	Jan_15_2021	74.2	97.63	105.78	109.19	110.03	110.95	107.97(-4.21%)	UD	OpenLong	65	-0.1	40	80	-6	178	0.18	66%	0.64	63.9	3.29%	-1.2	1.1	78	0.7
7	Jan_14_2021	73.73	96.64	104.42	109.63	109.47	111.52	112.72(2.65%)	UT	HoldLong	65	0.3	103	130	60	232	0.12	69%	0.7	69.7	3.25%	0.9	1.7	82	1.2
8	Jan_13_2021	73.22	95.32	102.52	107.5	108.26	109.11	109.81(0.6%)	UT	HoldLong	65	0.3	101	80	57	232	0.11	69%	0.66	68.6	3.27%	0.6	1.7	82	1.4
9	Jan_12_2021	72.74	94.03	100.57	105.42	106.17	107.42	109.16(2.72%)	UT	HoldLong	65	0.5	73	100	27	211	0.16	69%	0.68	64.9	3.28%	0.4	1.9	77	1.1
10	Jan_11_2021	72.25	92.83	98.3	103.99	104.12	107.41	106.27(-3.54%)	UD	OpenLong	75	0.3	101	220	65	210	0.25	69%	0.68	64.4	3.28%	0.4	1.8	68	0.2

11	Jan_8_2021	71.76	91.85	96.26	101.81	102.54	104.92	110.17(7.93%)	UT	OpenLong	75	1.2	134	180	111	202	1.09	71%	0.74	63.6	3.23%	1.7	2.6	72	1.6
12	Jan_7_2021	71.23	90.51	93.83	98.47	99.66	100.82	102.08(2.7%)	UT	OpenLong	75	0.7	65	120	40	140	0.12	70%	0.62	66.3	3.11%	1.2	2.1	68	1.5
13	Jan_6_2021	70.79	89.69	92.03	96.81	97.8	100.16	99.4(-2.56%)	UD	OpenLong	75	0.5	73	200	56	123	0.21	70%	0.57	70.4	3.12%	0.1	2	68	-0.4
14	Jan_5_2021	70.39	89.01	90.67	94.92	96.12	98.49	102.01(6.93%)	UT	OpenLong	75	1.6	104	210	98	123	0.16	71%	0.59	78	3.09%	1.5	3	75	-0.5
15	Jan_4_2021	69.98	88.19	89.31	91.76	93.43	95.43	95.4(2.05%)	UT	OpenLong	75	1.2	72	200	69	81	0.21	69%	0.69	85.7	3.02%	0.5	2.3	66	-1.6

16	Dec_31_2020	69.5	87.6	88.72	89.81	90.77	93.75	93.48(-0.31%)	UD	OpenLong	75	1.4	67	260	68	62	0.09	69%	0.49	85.7	3.06%	0.3	2.2	59	1.2
17	Dec_30_2020	69.16	87	88.17	88.47	88.68	91.42	93.77(4.24%)	UT	OpenLong	75	2	84	220	91	62	0.16	70%	0.52	72.2	3.07%	1.2	2.6	64	1.3
18	Dec_29_2020	68.8	86.35	87.47	86.55	86.93	87.79	89.96(4.35%)	UT	OpenLong	75	1.4	41	80	47	22	0.12	69%	0.48	60	3.07%	0	1.5	55	0.2
19	Dec_28_2020	68.47	85.72	86.94	85.79	85.78	85.93	86.21(0.68%)	DP	OpenShort	-75	0.1	-7	10	-5	-12	0.06	67%	0.51	38.9	3.04%	0	0.2	50	1.2
20	Dec_24_2020	68.12	85.58	86.96	86.5	85.53	86.06	85.63(-1.33%)	DT	OpenShort	-75	-0.3	-10	10	-11	-7	0.05	67%	0.37	54.4	3.03%	0	0	49	1.3

21	Dec_23_2020	67.87	85.36	87.19	87.46	86.58	85.64	86.78(3.08%)	UD	OpenLong	65	-0.2	4	-110	-1	17	0.06	64%	0.41	66.6	3.03%	0	0.4	57	0.5
22	Dec_22_2020	67.59	85.14	87.01	87.81	87.49	85	84.19(-2.29%)	CR	SmallShort	-20	-1.1	-39	-210	-54	7	0.1	63%	0.4	76.6	3.1%	0	-0.3	59	-0.7
23	Dec_21_2020	67.32	84.92	87.31	88.44	88.4	87.52	86.16(-4%)	CR	SmallShort	-20	-0.6	-22	-70	-40	34	0.18	63%	0.46	79.3	3.09%	0	0.4	63	-1.6
24	Dec_18_2020	67.01	84.56	87.38	88.15	88.68	89.98	89.75(-0.73%)	UD	OpenLong	75	0.4	39	120	26	79	0.07	66%	0.49	77.3	3.07%	0	1.4	78	1.2
25	Dec_17_2020	66.68	83.93	87.07	87.44	87.68	89.28	90.41(2.09%)	UT	OpenLong	75	0.8	55	140	44	86	0.11	66%		77	3.09%	0	1.7	61	1.6
i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD

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