| EDC latest price $110.4800 (-4.5%) ($108.3900 - $114.7300) on Thu. Jun. 7, 2018. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.55% (three month average) |
RSI | 49 |
Latest Price | $110.4800(-4.5%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EDC advances 0.8% a day on average for past five trading days. |
Weekly Trend | EDC advances 0.7% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value 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(99%) VWO(90%) EWY(87%) MCHI(87%) FXI(86%) |
Factors Impacting EDC price | EDC will decline at least -1.775% in a week (0% probabilities). VXX(-22%) VIXM(-20%) UUP(-20%) TLT(-18%) DIA(-6%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.775% (StdDev 3.55%) |
Hourly BBV | 0 () |
Intraday Trend | -3.5% |
| |
|
|