| EDC latest price $31.5000 (-0.1%) ($30.8800 - $32.3620) on Wed. Dec. 14, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.63% (three month average) |
RSI | 64 |
Latest Price | $31.5000(-0.1%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EDC advances 0.4% a day on average for past five trading days. |
Weekly Trend | EDC advances 2.6% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Value stock 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(84%) EWY(81%) |
Factors Impacting EDC price | EDC will decline at least -2.315% in a week (0% probabilities). VIXM(-6%) VXX(-4%) BND(-4%) VCSH(-3%) 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 | -2.315% (StdDev 4.63%) |
Hourly BBV | 0.2 () |
Intraday Trend | 0.1% |
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