| EDC latest price $72.8000 (3.54%) ($71.6600 - $73.5000) on Wed. Jan. 16, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.49% (three month average) |
RSI | 71 |
Latest Price | $72.8000(3.54%) |
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 6.4% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Value stock rally 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 -2.245% in a week (0% probabilities). VXX(-21%) UUP(-19%) TLT(-17%) VIXM(-16%) DIA(-14%) |
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 | -2.245% (StdDev 4.49%) |
Hourly BBV | 0 () |
Intraday Trend | 1.5% |
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