| EDC latest price $34.3300 (4%) ($33.5400 - $34.5200) on Thu. Jul. 13, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.99% (three month average) |
RSI | 60 |
Latest Price | $34.3300(4%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EDC advances 3.4% a day on average for past five trading days. |
Weekly Trend | EDC advances 2.2% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support EDC advance at 0% a week (0% probability) EEM(97%) VWO(96%) MCHI(88%) FXI(86%) KWEB(84%) |
Factors Impacting EDC price | EDC will decline at least -1.495% 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 | -1.495% (StdDev 2.99%) |
Hourly BBV | 1.2 () |
Intraday Trend | 2.1% |
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