| EDC latest price $103.2200 (0.74%) ($101.9400 - $103.8000) on Fri. Apr. 16, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.19% (three month average) |
RSI | 60 |
Latest Price | $103.2200(0.74%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EDC advances 0.8% a day on average for past five trading days. |
Weekly Trend | EDC advances 1.1% a week on average for past two weeks. |
Market Behavior | Value 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 -2.095% in a week (0% probabilities). VIXM(-41%) UUP(-31%) VXX(-14%) IGOV(-6%) 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 | -2.095% (StdDev 4.19%) |
Hourly BBV | 1.4 () |
Intraday Trend | -0.2% |
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