| EDC latest price $34.3000 (5.77%) ($33.5400 - $34.5300) on Mon. Apr. 27, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 10.21% (three month average) |
RSI | 61 |
Latest Price | $34.3000(5.77%) |
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 0.7% 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%) MCHI(87%) FXI(86%) EWY(82%) VWO(82%) |
Factors Impacting EDC price | EDC will decline at least -5.105% in a week (0% probabilities). VIXM(-45%) UUP(-34%) VXX(-19%) TLT(-5%) UNG(5%) |
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 | -5.105% (StdDev 10.21%) |
Hourly BBV | 0 () |
Intraday Trend | 1.8% |
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