| EDC latest price $28.4000 (4.45%) ($27.7800 - $28.5400) on Wed. Aug. 23, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.17% (three month average) |
RSI | 25 |
Latest Price | $28.4000(4.45%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EDC advances 0.7% a day on average for past five trading days. |
Weekly Trend | EDC declines -6.6% 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(94%) MCHI(86%) FXI(84%) VT(83%) |
Factors Impacting EDC price | EDC will decline at least -1.585% in a week (0% probabilities). VXX(-52%) VIXM(-52%) UUP(-30%) TBT(-29%) 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 | -1.585% (StdDev 3.17%) |
Hourly BBV | 1.4 () |
Intraday Trend | 2.2% |
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