| EDC latest price $31.4500 (1.88%) ($30.9400 - $31.5600) on Thu. Jun. 8, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.69% (three month average) |
RSI | 58 |
Latest Price | $31.4500(1.88%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EDC advances 1.6% a day on average for past five trading days. |
Weekly Trend | EDC advances 3.3% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Value stock sell-off 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 -1.345% 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 | -1.345% (StdDev 2.69%) |
Hourly BBV | 1.2 () |
Intraday Trend | 1.6% |
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