| EDC latest price $111.6900 (5.8%) ($110.4900 - $112.5000) on Tue. Jun. 1, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.65% (three month average) |
RSI | 64 |
Latest Price | $111.6900(5.8%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EDC advances 2.7% a day on average for past five trading days. |
Weekly Trend | EDC advances 6.1% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value for large cap. Value stock 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 -1.825% in a week (0% probabilities). VIXM(-41%) UUP(-30%) VXX(-14%) IGOV(-3%) TLT(-2%) |
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 | -1.825% (StdDev 3.65%) |
Hourly BBV | 1.4 () |
Intraday Trend | -0.2% |
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