| EDC latest price $30.7800 (5.12%) ($30.1400 - $30.9600) on Thu. Dec. 29, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.56% (three month average) |
RSI | 44 |
Latest Price | $30.7800(5.12%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EDC advances 0.3% a day on average for past five trading days. |
Weekly Trend | EDC declines -2.1% 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 -2.28% in a week (0% probabilities). BND(-5%) ACES(-3%) ARKK(-2%) ARKG(-1%) IGOV(-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 | -2.28% (StdDev 4.56%) |
Hourly BBV | 0 () |
Intraday Trend | 2.1% |
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