| EDC latest price $46.1600 (6.75%) ($44.7800 - $46.4800) on Wed. Jun. 3, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 10.36% (three month average) |
RSI | 72 |
Latest Price | $46.1600(6.75%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EDC advances 4.9% a day on average for past five trading days. |
Weekly Trend | EDC advances 8.2% 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(81%) |
Factors Impacting EDC price | EDC will decline at least -5.18% in a week (0% probabilities). VIXM(-44%) UUP(-35%) VXX(-19%) TLT(-4%) TBT(3%) |
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 | -5.18% (StdDev 10.36%) |
Hourly BBV | 0 () |
Intraday Trend | 2.4% |
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