| EDC latest price $30.5100 (5.28%) ($30.3300 - $30.7200) on Fri. Jun. 2, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.75% (three month average) |
RSI | 58 |
Latest Price | $30.5100(5.28%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EDC advances 1.8% a day on average for past five trading days. |
Weekly Trend | EDC declines -0.9% 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(98%) VWO(96%) MCHI(89%) FXI(88%) KWEB(86%) |
Factors Impacting EDC price | EDC will decline at least -1.375% in a week (0% probabilities). VXX(-53%) VIXM(-53%) UUP(-35%) TBT(-27%) BLOK(-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 | -1.375% (StdDev 2.75%) |
Hourly BBV | 1.2 () |
Intraday Trend | 0.3% |
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