| EDC latest price $35.8000 (7.09%) ($35.1600 - $35.8500) on Fri. Jul. 28, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.03% (three month average) |
RSI | 73 |
Latest Price | $35.8000(7.09%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EDC advances 2.3% a day on average for past five trading days. |
Weekly Trend | EDC advances 2.9% 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(95%) MCHI(87%) FXI(85%) KWEB(83%) |
Factors Impacting EDC price | EDC will decline at least -1.515% in a week (0% probabilities). VXX(-53%) VIXM(-53%) UUP(-31%) TBT(-29%) IGOV(5%) |
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 | -1.515% (StdDev 3.03%) |
Hourly BBV | 1.5 () |
Intraday Trend | 1.3% |
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