| EDC latest price $31.4600 (-3.42%) ($31.0900 - $32.5260) on Mon. Dec. 5, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.85% (three month average) |
RSI | 59 |
Latest Price | $31.4600(-3.42%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EDC advances 2.2% a day on average for past five trading days. |
Weekly Trend | EDC advances 4% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off 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 -2.425% in a week (0% probabilities). VIXM(-7%) VXX(-5%) BND(-4%) 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 | -2.425% (StdDev 4.85%) |
Hourly BBV | -1.7 () |
Intraday Trend | -3.5% |
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