| EDC latest price $32.6900 (-0.97%) ($31.9700 - $32.8400) on Thu. Jan. 5, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.55% (three month average) |
RSI | 53 |
Latest Price | $32.6900(-0.97%) |
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 2.4% 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(89%) FXI(87%) KWEB(84%) EWY(81%) |
Factors Impacting EDC price | EDC will decline at least -2.275% in a week (0% probabilities). BND(-6%) VXX(-4%) VIXM(-4%) VCSH(-4%) ACES(-3%) |
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 | -2.275% (StdDev 4.55%) |
Hourly BBV | 0.8 () |
Intraday Trend | 1.7% |
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