| EDC latest price $60.5000 (5.6%) ($59.2500 - $60.8000) on Mon. Apr. 4, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.3% (three month average) |
RSI | 77 |
Latest Price | $60.5000(5.6%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EDC advances 1.9% a day on average for past five trading days. |
Weekly Trend | EDC advances 4.9% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Growth stock 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 -2.65% in a week (0% probabilities). VIXM(-32%) UUP(-28%) VXX(-8%) EDOC(-8%) TBT(-4%) |
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 | -2.65% (StdDev 5.3%) |
Hourly BBV | 1.4 () |
Intraday Trend | 1.3% |
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