| EDC latest price $31.2600 (2.66%) ($30.1700 - $31.3500) on Tue. Jun. 6, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.74% (three month average) |
RSI | 57 |
Latest Price | $31.2600(2.66%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EDC advances 2% a day on average for past five trading days. |
Weekly Trend | EDC advances 0.3% a week on average for past two weeks. |
Market Behavior | Value stock 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 -1.37% in a week (0% probabilities). VXX(-52%) VIXM(-52%) 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 | -1.37% (StdDev 2.74%) |
Hourly BBV | 2 () |
Intraday Trend | 2.9% |
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