| EDC latest price $31.2900 (-0.64%) ($30.6100 - $31.6500) on Fri. Mar. 31, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.23% (three month average) |
RSI | 65 |
Latest Price | $31.2900(-0.64%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EDC advances 1.1% a day on average for past five trading days. |
Weekly Trend | EDC advances 4.9% 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(97%) VWO(96%) MCHI(88%) FXI(86%) KWEB(84%) |
Factors Impacting EDC price | EDC will decline at least -1.615% in a week (0% probabilities). VXX(-51%) VIXM(-51%) UUP(-35%) TBT(-19%) SHY(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 | -1.615% (StdDev 3.23%) |
Hourly BBV | 0.1 () |
Intraday Trend | -0.8% |
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