| EDC latest price $32.1100 (-6.28%) ($31.9800 - $32.9200) on Tue. Jun. 20, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.66% (three month average) |
RSI | 63 |
Latest Price | $32.1100(-6.28%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EDC advances 0.1% a day on average for past five trading days. |
Weekly Trend | EDC advances 7% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off 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(85%) |
Factors Impacting EDC price | EDC will decline at least -1.33% in a week (0% probabilities). VXX(-52%) VIXM(-51%) UUP(-37%) TBT(-29%) BLOK(-7%) |
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 | -1.33% (StdDev 2.66%) |
Hourly BBV | -1.2 () |
Intraday Trend | -2.2% |
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