| EDC latest price $72.0900 (1.62%) ($70.0110 - $72.2200) on Wed. Dec. 22, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.78% (three month average) |
RSI | 46 |
Latest Price | $72.0900(1.62%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EDC advances 0.1% a day on average for past five trading days. |
Weekly Trend | EDC declines -2.7% a week on average for past two weeks. |
Market Behavior | Broad based 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(98%) MCHI(88%) FXI(87%) KWEB(83%) EWY(82%) |
Factors Impacting EDC price | EDC will decline at least -1.39% in a week (0% probabilities). VIXM(-38%) UUP(-31%) VXX(-11%) TBT(-4%) IGOV(-3%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.39% (StdDev 2.78%) |
Hourly BBV | 1.2 () |
Intraday Trend | 2.4% |
| |
|
|