| EDC latest price $44.2200 (-4.2%) ($43.5900 - $45.3200) on Thu. Jun. 4, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 10.36% (three month average) |
RSI | 68 |
Latest Price | $44.2200(-4.2%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EDC advances 4.1% a day on average for past five trading days. |
Weekly Trend | EDC advances 9.8% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal 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 | -0.5% |
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