| EDC latest price $47.6200 (-2.06%) ($46.0000 - $47.9700) on Tue. Jun. 9, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 10.01% (three month average) |
RSI | 72 |
Latest Price | $47.6200(-2.06%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EDC advances 1.9% a day on average for past five trading days. |
Weekly Trend | EDC advances 14.9% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support EDC advance at 0% a week (0% probability) EEM(99%) MCHI(87%) FXI(86%) EWY(81%) VWO(81%) |
Factors Impacting EDC price | EDC will decline at least -5.005% in a week (0% probabilities). VIXM(-44%) UUP(-34%) 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 | -5.005% (StdDev 10.01%) |
Hourly BBV | 0 () |
Intraday Trend | 2.3% |
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