| EDC latest price $109.5900 (2.38%) ($108.0590 - $110.1100) on Thu. Jun. 10, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.29% (three month average) |
RSI | 66 |
Latest Price | $109.5900(2.38%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EDC advances 0.3% a day on average for past five trading days. |
Weekly Trend | EDC advances 4.5% a week on average for past two weeks. |
Market Behavior | Rotation from value to growth for large cap. Value 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(83%) EWY(81%) |
Factors Impacting EDC price | EDC will decline at least -1.645% 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. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.645% (StdDev 3.29%) |
Hourly BBV | 1.6 () |
Intraday Trend | 1.3% |
| |
|
|