| EDC latest price $42.8200 (3.31%) ($42.0300 - $42.9100) on Fri. May. 27, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.44% (three month average) |
RSI | 66 |
Latest Price | $42.8200(3.31%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EDC advances 1.3% a day on average for past five trading days. |
Weekly Trend | EDC advances 5% 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 -2.72% in a week (0% probabilities). VIXM(-26%) UUP(-26%) VXX(-7%) TBT(-3%) UNG(2%) |
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 | -2.72% (StdDev 5.44%) |
Hourly BBV | 1.2 () |
Intraday Trend | 1.4% |
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