| EDC latest price $30.2200 (3.85%) ($29.6200 - $30.2670) on Tue. Mar. 28, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.34% (three month average) |
RSI | 46 |
Latest Price | $30.2200(3.85%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EDC advances 1.3% a day on average for past five trading days. |
Weekly Trend | EDC advances 1.6% 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(97%) VWO(96%) MCHI(88%) FXI(86%) KWEB(84%) |
Factors Impacting EDC price | EDC will decline at least -1.67% in a week (0% probabilities). VXX(-51%) VIXM(-51%) UUP(-35%) TBT(-19%) EDOC(-4%) |
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 | -1.67% (StdDev 3.34%) |
Hourly BBV | 1.5 () |
Intraday Trend | 1.5% |
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