| EDC latest price $34.7200 (6.21%) ($32.6500 - $34.7400) on Fri. Jan. 6, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.6% (three month average) |
RSI | 69 |
Latest Price | $34.7200(6.21%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EDC advances 2.5% a day on average for past five trading days. |
Weekly Trend | EDC advances 4.1% 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(89%) FXI(87%) KWEB(84%) EWY(81%) |
Factors Impacting EDC price | EDC will decline at least -2.3% in a week (0% probabilities). BND(-5%) VXX(-4%) VIXM(-4%) VCSH(-3%) ARKK(-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 | -2.3% (StdDev 4.6%) |
Hourly BBV | 1.9 () |
Intraday Trend | 4.2% |
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