| EDC latest price $29.5000 (7.62%) ($28.7400 - $29.7300) on Fri. Nov. 11, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.65% (three month average) |
RSI | 79 |
Latest Price | $29.5000(7.62%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EDC advances 3.1% a day on average for past five trading days. |
Weekly Trend | EDC advances 10.6% a week on average for past two weeks. |
Market Behavior | Growth 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(89%) FXI(88%) KWEB(84%) EWY(82%) |
Factors Impacting EDC price | EDC will decline at least -2.325% in a week (0% probabilities). UUP(-10%) VIXM(-8%) VXX(-5%) TBT(-2%) 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 | -2.325% (StdDev 4.65%) |
Hourly BBV | 1.3 () |
Intraday Trend | 1.4% |
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