| EDC latest price $82.2600 (1.86%) ($81.1900 - $82.3300) on Wed. May. 10, 2017. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.4% (three month average) |
RSI | 74 |
Latest Price | $82.2600(1.86%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EDC advances 1% a day on average for past five trading days. |
Weekly Trend | EDC advances 2.2% a week on average for past two weeks. |
Market Behavior | Value stock 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(99%) VWO(91%) EWY(87%) MCHI(87%) FXI(86%) |
Factors Impacting EDC price | EDC will decline at least -1.2% in a week (0% probabilities). VIXM(-25%) UUP(-20%) TLT(-17%) SHY(-2%) IPO(-2%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.2% (StdDev 2.4%) |
Hourly BBV | 0 () |
Intraday Trend | 1% |
| |
|
|