Trading Signals: EDC Stock Price Prediction and Forecast

^ EDC: Intraday Hourly Forecast Similar Waves GapOpen Research Timing Gains Losses Strategies Practice

Wed. Oct. 9, 2019

Trading Signals: EDC Stock Price Prediction and Forecast (Mon. Dec. 28, 2015 - Fri. Dec. 22, 2023)

(Direxion Daily MSCI Emerging Markets Bull 3X Shares)
EDC latest price $63.9000 (2.21%) ($63.7100 - $64.6400) on Wed. Oct. 9, 2019.

Trend Analysis and Forecast

Average Daily Percentage Swing   2.93% (three month average)
RSI   35
Latest Price   $63.9000(2.21%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   EDC advances 0.5% a day on average for past five trading days.
Weekly Trend   EDC declines -2.9% a week on average for past two weeks.
Market Behavior   Broad based rally for large cap. Growth stock rally for small cap.
Correlated ETFs   Broad market will support EDC advance at 0% a week (0% probability)
EEM(99%)    VWO(88%)    EWY(87%)    FXI(86%)    MCHI(86%)
Factors Impacting EDC price   EDC will decline at least -1.465% in a week (0% probabilities).
VIXM(-54%)    VXX(-26%)    UUP(-18%)    TLT(-16%)    IGOV(-4%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.465% (StdDev 2.93%)
Hourly BBV 0 ()
Intraday Trend -0.2%

1 - 5 Day Possible Target   $56.32(-11.86%)
Resistance Level   $66.67
5 Day Moving Average   $64.06(-0.25%)
10 Day Moving Average   $64.2(-0.47%)
20 Day Moving Average   $66.67(-4.15%)
To recent high   -19.1%
To recent low   13.4%
Market Cap   $N/A

$. EDC price fluctuates within 4.48% (three month std-dev: 2.93%) daily (68% of days).

Sample size 9 Average positive next day return: 1.05%(33%) Average negative next day return: -1.95%(67%) Sample size 9 Average positive next three day return: 1.73%(33%) Average negative next three day return: -1.59%(67%) Sample size 9 Average positive next weekly return: 1.66%(56%) Average negative next weekly return: -2.16%(44%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20191109

i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD
1	Oct_9_2019	68.79	66.67	64.2	64.06	64.06	63.55	63.9(2.21%)	DT	HoldShort	-50	-0.1	-12	-60	3	-58	0.11	38%	-0.03	-34.6	2.93%	0	-0.9	35	-1.1
2	Oct_8_2019	68.81	66.96	64.46	63.74	63.94	63.67	62.52(-2.04%)	DT	OpenShort	-75	-0.4	-32	-20	-16	-80	0.21	38%	-0.01	-30.8	2.91%	0	-1.5	27	-2.1
3	Oct_7_2019	68.82	67.27	64.91	64.01	63.72	64.56	63.82(-2.56%)	DT	HoldShort	-50	-0.1	-18	80	3	-79	0.13	38%	-0.01	-19.8	2.91%	0	-1.3	28	-0.3
4	Oct_4_2019	68.83	67.49	65.41	64.25	63.77	64.21	65.5(1.47%)	N/A	N/A	0	0.5	0	30	24	-72	0.51	38%	-0.04	-8.8	2.91%	0	-0.8	30	0.2
5	Oct_3_2019	68.86	67.6	65.71	63.99	63.93	62.88	64.55(3.58%)	DP	OpenShort	-75	0.2	-39	-120	-17	-103	0.23	38%	-0.07	-0.8	2.92%	0	-1.2	22	-0.7

6	Oct_2_2019	68.91	67.72	66.11	64.42	64.38	63.33	62.32(-2.43%)	DT	HoldShort	-65	-0.8	-67	-120	-50	-118	0.21	35%	-0.09	16.8	2.88%	0	-2.1	19	-1.4
7	Oct_1_2019	68.97	67.87	66.87	65.31	65.55	64.99	63.87(-1.77%)	DT	OpenShort	-75	-0.5	-37	-50	-18	-92	0.2	38%	-0.03	35.7	2.87%	0	-1.5	31	-0.4
8	Sep_30_2019	68.99	67.81	67.54	65.92	65.95	65.43	65.02(1.32%)	DP	OpenShort	-75	-0.3	-39	-50	-26	-79	0.22	38%	-0.13	49.4	2.91%	0	-1.1	41	0.4
9	Sep_27_2019	69.08	67.72	68.1	66.73	66.56	66.1	64.17(-3.79%)	DT	OpenShort	-75	-0.9	-33	-60	-24	-59	0.37	38%	-0.12	63.2	2.9%	0	-1.3	39	0.2
10	Sep_26_2019	69.16	67.62	68.92	67.67	67.35	66.46	66.7(-0.12%)	DT	OpenShort	-75	-0.3	-23	-110	-21	-30	0.13	40%	-0.14	68.7	2.88%	0	-0.3	51	0.6

11	Sep_25_2019	69.26	67.29	69.37	68.08	68.01	67.02	66.78(-0.24%)	DT	OpenShort	-75	-0.4	-31	-100	-35	-17	0.21	38%	-0.13	58.8	2.9%	0	-0.1	55	0.7
12	Sep_24_2019	69.35	66.93	69.68	68.66	68.81	68.25	66.94(-3.1%)	CR	SmallShort	-20	-0.4	-15	-50	-24	11	0.22	38%	-0.22	54.6	2.94%	0	0	64	0.5
13	Sep_23_2019	69.5	66.54	69.86	69.39	69.21	69.01	69.08(0.33%)	UD	OpenLong	65	-0.1	3	-30	-12	48	0.14	39%	-0.24	52.8	2.91%	0	0.6	80	1
14	Sep_20_2019	69.67	66	69.77	69.7	69.47	69.37	68.85(0.15%)	UD	OpenLong	65	-0.2	9	-20	-11	70	0.18	42%	-0.21	49.2	2.92%	0	0.6	73	1.1
15	Sep_19_2019	69.82	65.57	69.66	70.39	69.77	69.42	68.75(-1.35%)	UD	OpenLong	65	-0.3	14	-60	-15	100	0.17	42%	-0.2	55.8	2.96%	0	0.7	76	1.7

16	Sep_18_2019	69.96	65.26	69.48	70.85	70.53	69.57	69.69(-1.29%)	UD	OpenLong	65	-0.2	24	-110	-13	133	0.18	47%	-0.21	66.1	2.98%	0	0.9	82	1.7
17	Sep_17_2019	70.11	64.81	68.99	70.84	70.93	70.12	70.6(0.01%)	UD	OpenLong	65	-0.1	24	-80	-17	146	0.1	47%	-0.21	66.8	3.11%	0	1.2	86	1.4
18	Sep_16_2019	70.26	64.29	68.12	70.35	70.83	71.49	70.59(-2.37%)	UD	OpenLong	75	0.1	47	90	8	162	0.16	47%	-0.2	67.6	3.11%	0	1.4	86	1.5
19	Sep_13_2019	70.4	63.74	67.33	69.83	70.13	71.73	72.3(1.73%)	UT	HoldLong	65	0.6	80	170	44	186	0.15	45%	-0.16	65.3	3.13%	0	1.9	94	1.8
20	Sep_12_2019	70.51	62.98	66.2	68.84	69.04	70.18	71.07(2.05%)	UT	HoldLong	65	0.5	78	120	44	178	0.3	44%	-0.18	56.4	3.12%	0	1.9	78	1.8

21	Sep_11_2019	70.64	62.23	65.01	67.93	68.15	68.52	69.64(2.16%)	UT	OpenLong	75	0.4	57	50	26	149	0.22	46%	-0.25	47.5	3.14%	0	1.9	65	1.7
22	Sep_10_2019	70.82	61.78	63.92	66.88	67.53	67.91	68.17(0.31%)	UT	OpenLong	75	0.4	50	70	24	126	0.09	47%	-0.27	46.2	3.15%	0	1.8	66	1.6
23	Sep_9_2019	71.01	61.32	62.94	65.52	66.58	67.77	67.96(0.89%)	UT	OpenLong	75	0.8	54	170	37	103	0.15	47%	-0.06	40.7	3.17%	0	2.1	67	1.7
24	Sep_6_2019	71.05	60.96	61.88	64.41	64.8	67.15	67.36(1.26%)	UT	OpenLong	75	1.1	61	270	53	86	0.58	47%	-0.29	29.2	3.18%	0	2.3	68	1.9
25	Sep_5_2019	71.26	60.72	61.1	63.14	63.5	65.38	66.52(3.31%)	UT	OpenLong	75	1.4	77	220	76	81	0.3	47%		11.4	3.18%	0	2.4	71	1.6
i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD

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