| EDC latest price $39.0350 (2.21%) ($38.2000 - $39.4800) on Fri. Aug. 12, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.95% (three month average) |
RSI | 67 |
Latest Price | $39.0350(2.21%) |
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 2.3% 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(84%) EWY(81%) |
Factors Impacting EDC price | EDC will decline at least -1.975% in a week (0% probabilities). UUP(-23%) VIXM(-17%) TBT(-8%) VXX(-6%) EDOC(-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 | -1.975% (StdDev 3.95%) |
Hourly BBV | 1.2 () |
Intraday Trend | 2.1% |
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