| EDC latest price $32.5750 (1.35%) ($31.2200 - $32.8380) on Fri. Dec. 2, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.87% (three month average) |
RSI | 61 |
Latest Price | $32.5750(1.35%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EDC advances 2.7% a day on average for past five trading days. |
Weekly Trend | EDC advances 2.7% a week on average for past two weeks. |
Market Behavior | Normal 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(86%) KWEB(83%) EWY(81%) |
Factors Impacting EDC price | EDC will decline at least -2.435% in a week (0% probabilities). VIXM(-8%) VXX(-5%) BND(-3%) UNG(-2%) VCSH(-1%) |
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 | -2.435% (StdDev 4.87%) |
Hourly BBV | 1.4 () |
Intraday Trend | 4.3% |
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