| EDC latest price $33.1600 (-2.07%) ($32.7900 - $33.4700) on Tue. Jul. 18, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3% (three month average) |
RSI | 59 |
Latest Price | $33.1600(-2.07%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EDC advances 1.3% a day on average for past five trading days. |
Weekly Trend | EDC advances 5.2% 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 -1.5% in a week (0% probabilities). VXX(-52%) VIXM(-52%) UUP(-35%) TBT(-30%) 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 | -1.5% (StdDev 3%) |
Hourly BBV | -1.3 () |
Intraday Trend | -0.4% |
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