| EDC latest price $30.1200 (3.43%) ($29.3600 - $30.5000) on Fri. Jul. 7, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.88% (three month average) |
RSI | 31 |
Latest Price | $30.1200(3.43%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EDC advances 0.2% a day on average for past five trading days. |
Weekly Trend | EDC declines -3.4% 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(88%) FXI(87%) KWEB(84%) |
Factors Impacting EDC price | EDC will decline at least -1.44% in a week (0% probabilities). VXX(-54%) VIXM(-53%) UUP(-35%) TBT(-31%) EDOC(-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 | -1.44% (StdDev 2.88%) |
Hourly BBV | 0.3 () |
Intraday Trend | 2.6% |
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