| EDC latest price $51.4500 (2.35%) ($51.0800 - $51.7180) on Wed. Dec. 28, 2016. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.53% (three month average) |
RSI | 34 |
Latest Price | $51.4500(2.35%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EDC advances 0.1% a day on average for past five trading days. |
Weekly Trend | EDC declines -6% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support EDC advance at 0% a week (0% probability) EEM(99%) VWO(91%) MCHI(87%) EWY(86%) FXI(86%) |
Factors Impacting EDC price | EDC will decline at least -1.765% in a week (0% probabilities). VIXM(-25%) UUP(-20%) TLT(-17%) SHY(-1%) IPO(-1%) |
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 | -1.765% (StdDev 3.53%) |
Hourly BBV | 0 () |
Intraday Trend | -0.2% |
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