| EDC latest price $123.8700 (1.16%) ($121.6630 - $126.4250) on Wed. Feb. 10, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.41% (three month average) |
RSI | 52 |
Latest Price | $123.8700(1.16%) |
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 2.2% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Growth stock 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 -1.705% in a week (0% probabilities). VIXM(-41%) UUP(-32%) VXX(-15%) TLT(-1%) TBT(-0%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.705% (StdDev 3.41%) |
Hourly BBV | 0.9 () |
Intraday Trend | -1.7% |
| |
|
|