| EDC latest price $29.0200 (3.16%) ($28.5850 - $29.0500) on Mon. Aug. 28, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.12% (three month average) |
RSI | 37 |
Latest Price | $29.0200(3.16%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EDC advances 1.3% a day on average for past five trading days. |
Weekly Trend | EDC declines -3.5% 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(96%) VWO(94%) MCHI(86%) FXI(84%) VT(83%) |
Factors Impacting EDC price | EDC will decline at least -1.56% in a week (0% probabilities). VXX(-53%) VIXM(-52%) UUP(-30%) TBT(-28%) IGOV(-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 | -1.56% (StdDev 3.12%) |
Hourly BBV | 0 () |
Intraday Trend | 1.1% |
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