| EDC latest price $31.2200 (6.41%) ($31.0520 - $31.6060) on Wed. Mar. 1, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.3% (three month average) |
RSI | 37 |
Latest Price | $31.2200(6.41%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EDC advances 0.1% a day on average for past five trading days. |
Weekly Trend | EDC declines -6.8% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off 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(88%) FXI(86%) KWEB(84%) |
Factors Impacting EDC price | EDC will decline at least -1.65% in a week (0% probabilities). VIXM(-47%) UUP(-37%) EDOC(-21%) VXX(-20%) TBT(-15%) |
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 | -1.65% (StdDev 3.3%) |
Hourly BBV | 1.2 () |
Intraday Trend | -0.5% |
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