| EDC latest price $70.5500 (-6.02%) ($69.8119 - $75.5800) on Tue. Dec. 4, 2018. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.47% (three month average) |
RSI | 60 |
Latest Price | $70.5500(-6.02%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EDC advances 0.7% a day on average for past five trading days. |
Weekly Trend | EDC advances 3.5% 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(89%) EWY(87%) MCHI(87%) FXI(86%) |
Factors Impacting EDC price | EDC will decline at least -2.235% in a week (0% probabilities). VXX(-21%) UUP(-19%) TLT(-18%) VIXM(-17%) DIA(-11%) |
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 | -2.235% (StdDev 4.47%) |
Hourly BBV | 0 () |
Intraday Trend | -6.2% |
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