| EDC latest price $75.4600 (2.07%) ($73.4510 - $75.6000) on Mon. Jan. 3, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.74% (three month average) |
RSI | 56 |
Latest Price | $75.4600(2.07%) |
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 1.6% 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 -1.37% 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. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -1.37% (StdDev 2.74%) |
Hourly BBV | 1.1 () |
Intraday Trend | 0.8% |
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