| EDC latest price $30.8700 (-1.25%) ($30.7800 - $31.6600) on Wed. Jun. 7, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.68% (three month average) |
RSI | 53 |
Latest Price | $30.8700(-1.25%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EDC advances 2.2% a day on average for past five trading days. |
Weekly Trend | EDC advances 1.8% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off 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 -1.34% 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 | -1.34% (StdDev 2.68%) |
Hourly BBV | 0.1 () |
Intraday Trend | -1.2% |
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