| EDC latest price $34.3700 (-3.99%) ($34.3450 - $35.4040) on Tue. Aug. 1, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.05% (three month average) |
RSI | 57 |
Latest Price | $34.3700(-3.99%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EDC advances 0.2% a day on average for past five trading days. |
Weekly Trend | EDC advances 2.1% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Growth stock sell-off for small cap. |
Correlated ETFs | Broad market will support EDC advance at 0% a week (0% probability) EEM(97%) VWO(95%) MCHI(88%) FXI(86%) KWEB(83%) |
Factors Impacting EDC price | EDC will decline at least -1.525% in a week (0% probabilities). VXX(-53%) VIXM(-53%) UUP(-31%) TBT(-28%) IGOV(4%) |
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 | -1.525% (StdDev 3.05%) |
Hourly BBV | -1.4 () |
Intraday Trend | -1.3% |
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