| EDC latest price $31.5600 (3.17%) ($31.4300 - $32.0300) on Mon. Jul. 3, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.74% (three month average) |
RSI | 49 |
Latest Price | $31.5600(3.17%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EDC advances 1% a day on average for past five trading days. |
Weekly Trend | EDC declines -3.8% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Value stock rally for small cap. |
Correlated ETFs | Broad market will support EDC advance at 0% a week (0% probability) EEM(98%) VWO(96%) MCHI(88%) FXI(87%) KWEB(84%) |
Factors Impacting EDC price | EDC will decline at least -1.37% in a week (0% probabilities). VXX(-54%) VIXM(-53%) UUP(-35%) TBT(-31%) UNG(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 | 0 () |
Intraday Trend | 0.1% |
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