| EDC latest price $34.5700 (0.79%) ($34.5301 - $35.9200) on Tue. Apr. 28, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 10.2% (three month average) |
RSI | 60 |
Latest Price | $34.5700(0.79%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EDC advances 2.6% a day on average for past five trading days. |
Weekly Trend | EDC advances 1.2% a week on average for past two weeks. |
Market Behavior | Normal 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%) MCHI(87%) FXI(86%) EWY(82%) VWO(82%) |
Factors Impacting EDC price | EDC will decline at least -5.1% in a week (0% probabilities). VIXM(-45%) UUP(-34%) VXX(-19%) TLT(-5%) IGOV(2%) |
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 | -5.1% (StdDev 10.2%) |
Hourly BBV | 0 () |
Intraday Trend | -3.6% |
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