| EDC latest price $39.9000 (0.08%) ($38.5000 - $39.9890) on Wed. Jan. 25, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.93% (three month average) |
RSI | 84 |
Latest Price | $39.9000(0.08%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EDC advances 1.8% a day on average for past five trading days. |
Weekly Trend | EDC advances 6.5% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support EDC advance at 0% a week (0% probability) EEM(98%) VWO(96%) MCHI(89%) FXI(87%) KWEB(85%) |
Factors Impacting EDC price | EDC will decline at least -1.965% 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 | -1.965% (StdDev 3.93%) |
Hourly BBV | 0.7 () |
Intraday Trend | 1.8% |
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