| EDC latest price $105.0000 (0.42%) ($99.8900 - $106.2500) on Wed. Mar. 17, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.25% (three month average) |
RSI | 49 |
Latest Price | $105.0000(0.42%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EDC advances 1.1% a day on average for past five trading days. |
Weekly Trend | EDC declines -0.7% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Broad based rally 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 -2.125% in a week (0% probabilities). VIXM(-41%) UUP(-32%) VXX(-15%) IGOV(-5%) TBT(-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 | -2.125% (StdDev 4.25%) |
Hourly BBV | 1.6 () |
Intraday Trend | 4.5% |
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