| EDC latest price $32.9700 (2.55%) ($32.7500 - $33.3200) on Wed. Jun. 14, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.58% (three month average) |
RSI | 69 |
Latest Price | $32.9700(2.55%) |
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 5.8% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support EDC advance at 0% a week (0% probability) BND(29%) BWX(28%) BNDX(27%) CEMB(26%) BOTZ(10%) |
Factors Impacting EDC price | EDC will decline at least -1.29% in a week (0% probabilities). BLOK(-7%) ARKK(3%) ACES(7%) ARKG(8%) BOTZ(10%) |
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 | -1.29% (StdDev 2.58%) |
Hourly BBV | 0 () |
Intraday Trend | -0.2% |
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