| EDC latest price $38.9500 (4.54%) ($37.6200 - $38.9500) on Fri. Jan. 20, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.27% (three month average) |
RSI | 78 |
Latest Price | $38.9500(4.54%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EDC advances 1% a day on average for past five trading days. |
Weekly Trend | EDC advances 9.1% 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%) VWO(96%) MCHI(88%) FXI(87%) KWEB(85%) |
Factors Impacting EDC price | EDC will decline at least -2.135% in a week (0% probabilities). VIXM(-48%) UUP(-39%) VXX(-19%) TBT(-14%) IGOV(-6%) |
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 | -2.135% (StdDev 4.27%) |
Hourly BBV | 1.7 () |
Intraday Trend | 2.4% |
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