| EDC latest price $57.2900 (4.41%) ($56.5700 - $58.4900) on Fri. Apr. 1, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.22% (three month average) |
RSI | 76 |
Latest Price | $57.2900(4.41%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EDC advances 1% a day on average for past five trading days. |
Weekly Trend | EDC advances 5.6% a week on average for past two weeks. |
Market Behavior | Value stock 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%) EWY(83%) KWEB(83%) |
Factors Impacting EDC price | EDC will decline at least -2.61% in a week (0% probabilities). VIXM(-32%) UUP(-28%) VXX(-8%) TBT(-4%) EDOC(-0%) |
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 | -2.61% (StdDev 5.22%) |
Hourly BBV | 0.1 () |
Intraday Trend | -1.3% |
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